Microeconomics Basics Quiz 5

Online Quiz about the subject of Microeconomics Basics Quiz MCQs. There are 20 MCQs in each quiz. This quiz will help you prepare Economics and Microeconomics Basics Quiz MCQs for Lecturer & Subject Specialist Exams. Answer the following multiple-choice questions and press ‘Submit‘ to get your score. Click the link below to start with the Intermediate Microeconomics Basics Quiz.

mcqs Microeconomics Basics Quiz

Online Microeconomics Basics Quiz with Answers

1. What is the formula for calculating average product (AP)? https://itfeature.com

 
 
 
 

2. What is the formula for calculating price elasticity of supply (PES)?

 
 
 
 

3. Which of the following is NOT a characteristic of perfect competition?

 
 
 
 

4. What is the formula for calculating the price elasticity of supply (PES)?

 
 
 
 

5. What is the formula for calculating producer surplus?

 
 
 
 

6. Which of the following is a characteristic of a public good?

 
 
 
 

7. What is the formula for calculating economic rent?

 
 
 
 

8. Which of the following is NOT a characteristic of a pure monopoly market structure?

 
 
 
 

9. What is the formula for calculating the price elasticity of demand (PED)?

 
 
 
 

10. What is the formula for calculating economic surplus?

 
 
 
 

11. What is the formula for calculating producer surplus?

 
 
 
 

12. What is the formula for calculating total revenue (TR)?

 
 
 
 

13. Which of the following is a characteristic of a natural monopoly?

 
 
 
 

14. Which of the following is a characteristic of a natural monopoly?

 
 
 
 

15. In economics, what is the “production function”?

 
 
 
 

16. Which of the following is a characteristic of a competitive firm in the short run?

 
 
 
 

17. Which of the following is NOT a characteristic of a monopolistic competitive market structure?

 
 
 
 

18. What is the formula for calculating marginal revenue (MR)?

 
 
 
 

19. Which of the following is a characteristic of a perfectly elastic demand curve?

 
 
 
 

20. Which of the following is a characteristic of a natural monopoly?

 
 
 
 

Online Microeconomics Basics Quiz with Answers

  • What is the formula for calculating average product (AP)?
  • Which of the following is a characteristic of a public good?
  • What is the formula for calculating price elasticity of supply (PES)?
  • Which of the following is a characteristic of a natural monopoly?
  • What is the formula for calculating producer surplus?
  • Which of the following is NOT a characteristic of a pure monopoly market structure?
  • What is the formula for calculating the price elasticity of supply (PES)?
  • Which of the following is a characteristic of a natural monopoly?
  • What is the formula for calculating producer surplus?
  • What is the formula for calculating economic rent?
  • Which of the following is a characteristic of a perfectly elastic demand curve?
  • What is the formula for calculating economic surplus?
  • Which of the following is NOT a characteristic of a monopolistic competitive market structure?
  • What is the formula for calculating marginal revenue (MR)?
  • Which of the following is a characteristic of a competitive firm in the short run?
  • What is the formula for calculating the price elasticity of demand (PED)?
  • Which of the following is a characteristic of a natural monopoly?
  • What is the formula for calculating total revenue (TR)?
  • In economics, what is the “production function”?
  • Which of the following is NOT a characteristic of perfect competition?

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Sentence Completion Quiz Questions 13

The post is about the English Sentence Completion Quiz Questions. There are 20 multiple-choice questions from the GRE Section verbal ability test (English Sentence Completion) related to sentence completion to fill in the blanks. Select the appropriate word or a pair of words that will best complete the sentence’s meaning. Let us start with the GRE English Sentence Completion Quiz Questions Now.

Sentence Completion Quiz Questions with Answers

Please go to Sentence Completion Quiz Questions 13 to view the test

Sentence Completion Quiz Questions with Answers

  • They have some difficulty ———— all the employees, especially the smaller ones to confirm ————- the adopted scale of wages.
  • This contract was ————-; it was not valid now.
  • To the dismay of the student body, the class president was ———– berated by the principal.
  • We never believed that he would resort to ————– in order to achieve his end, we always regarded him as an honest man.
  • It was the help he got from his parents that ————– him through the tragedy.
  • The plot of the play was extremely complicated and included many minor characters ————- to the central event.s
  • It is a marble wall, ————— no bills.
  • You will have to catch the morning flight, so you —————- better get ready.
  • The controversy is likely to create ————— between the two rivals.
  • the authority of voice in Faraz’s writing strikes many readers today as —————- colonialism.
  • Beauty is to ugliness as adversity is to ————-.
  • Whenever Imran refers to his favourites he is voluble, but when he talks of his adversaries he is ————–.
  • The chairman’s intolerance of ————- among his aides was intensified by his insistence upon total loyalty from all.
  • Despite the millions of rupees spent on improvements, the telephone system in Pakistan remains —————-.
  • Do you think Irum is avoiding you? Yes, I ————–.
  • Few plants can grow beneath the canopy of the sycamore tree, whose leaves produce a natural herbicide that leaches into the surrounding soil, ————- other plants that might compete for water and nutrients.
  • Even when Akram’s reputation was in —————- almost everyone was willing to admit that he was a genius.
  • I do not think, Javed will gain anything by insulting and ————- the man Javed does not agree with.
  • Although, a few years ago the fundamental facts about the silky was seemed fairly well ————-, now even its mass and its radius have come into question.
  • Naveed’s ————– of the topic was so good that students had few doubts to raise at the end.

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Intermediate Microeconomics MCQs 4

Online Quiz about the subject of Intermediate Microeconomics MCQs. There are 20 MCQs in each quiz. These quizzes will help you prepare Economics and Microeconomics MCQs for Lecturer & Subject Specialist Exams. Answer the following multiple-choice questions and press ‘Submit‘ to get your score. Click the link below to start with the Intermediate Microeconomics Quiz.

Please go to Intermediate Microeconomics MCQs 4 to view the test

Intermediate Microeconomics MCQs

  • In economics, what does the term “economic rent” refer to?
  • Which of the following is an example of a non-excludable good?
  • What is the formula for calculating total revenue (TR)?
  • Which of the following is a characteristic of a pure monopoly market structure?
  • What is the formula for calculating the elasticity of supply?
  • Which of the following is a characteristic of a competitive firm in the short run?
  • What is the formula for calculating the price elasticity of demand (PED)?
  • Which of the following is a characteristic of a natural monopoly?
  • What is the primary determinant of the level of profit a firm can earn in the short run?
  • What is a “patent” in economics?
  • Which of the following is NOT a characteristic of a pure monopoly market structure?
  • What is the formula for calculating total variable cost (TVC)?
  • In economics, what does the term “perfectly elastic demand” mean?
  • Which of the following is an example of a non-rivalrous good?
  • What is the formula for calculating the cross-price elasticity of demand (XED) between two goods A and B?
  • Which of the following is a characteristic of a perfect competition market structure?
  • What is the primary determinant of the elasticity of demand for a good?
  • Which of the following is an example of a private good?
  • What is the formula for calculating marginal product (MP)?
  • Which of the following is a characteristic of a perfectly competitive market in the short run?
Intermediate Microeconomics MCQs Quiz

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