Online MCQs about the subject of Economics. There are 20 MCQs about Economics and this Economics quiz will help you prepare Economics MCQs for Lecturer & Subject Specialist Exams. Answer the following multiple-choice questions and press ‘Submit‘ to get your score. Let us start with the Online Economics Quiz.
Multiple Choice Questions about the Subject of Economics for the preparation for the PPSC Lecturer test and various job and School, College, and University related examinations.
Online Economics MCQs with Answers
- If total expenditure decreases with the rise in price elasticity of demand will be
- Income elasticity shows the relationship between
- The supply of land is
- The shape of AR and MR under perfect competition is
- The supply of perishable goods is
- The quality of a commodity that satisfies human wants
- The marginal cost curve always intersects the average cost curve at
- During a year aggregate value of produced goods and services of a country is called
- How many methods can be used for cultivation?
- The reward for labour is
- Due to devaluation exports become
- The reward for capital is called
- Personal income includes
- Macro Economics was introduced by
- If pen and ink are complements, then an increase in the price of the pen will cause
- A market is said to be in equilibrium when
- As more of a good is consumed, then total utility typically
- A monopolistically competitive firm in short-run equilibrium
- A monopolistically competitive firm in the long run equilibrium
- The market structure in which strategic considerations are most important is
