Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test

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  • Chapter Name9

Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test

  • Total Questions15

  • Time Allowed20

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Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test

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Question # 1

Duopoly refers to:

Question # 2

Disposable personal income means

Question # 3

Price discrimination policy refers to:

Question # 4

Monopoly refers to:

Question # 5

Which thing should be added in net national product to get gross national product

Question # 6

How many conditions of firm's equilibrium are there ?

Question # 7

Expenses of wears and tears of machinery are called

Question # 8

A firm suffers abnormal losse, when:

Question # 9

Oligopoly means:

Question # 10

One of the following precautions is not included in measurement of national income by product method

Question # 11

National income means the income

Question # 12

The term "Price Taker" is used in:

Question # 13

Basic object of a firm is to get maximum:

Question # 14

If MC=MR=AR=AC=P, then a firms gains:

Question # 15

Firms earn abnormal profit when:

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