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First Year Economics Chapter 12 Online MCQ Test for 1st Year Economics Chapter 12 (Market and Revenue Analysis)

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This online test contains MCQs about following topics:

Kind of markets . Perfect and imperfect market . Perfect competition . Monopolu . Revenue curves

ICS Part 1 Economics Chapter 12 Test

Start Chapter 12 Test

Economics Ics Part 1 English Medium Chapter 12 Online Test

Try the Economics Ics Part 1 English Medium Chapter 12 Online Test.

  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 12 Online Test

00:00
Question # 1

Normal price is a price which prevails

Question # 2

When marginal revenue is zero, total revenue is

Question # 3

Which one of the following is a day to day market.

Question # 4

The major difference between perfect competition and monopolistic competition is

Question # 5

Which is a condition for existence of monopoly

Question # 6

Which of the following markets comes closest to perfect market

Question # 7

A short period market is the market of.

Question # 8

In the business world

Question # 9

The market of cars is.

Question # 10

Which is NOTtrue

Question # 11

In case of perfect competition in the market

Question # 12

Different kinds of imperfect competition are.

Question # 13

Stock exchange is market where we can buy:

Question # 14

Common market of SAARC countries will be called:

Question # 15

Malaysia enjoys monopoly on rubber, but which kind of monopoluit is.

Question # 16

Which of the following is one of the assumptions of perfect competition.

Question # 17

How many kinds of market?

Question # 18

The kind of market is undesirable

Question # 19

Under perfect competition MR and AR curves

Question # 20

Buyers and sellers under perfect competition are.

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12th Chapter

ICS Part 1 Economics Chapter 12 MCQs Test

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