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This online test contains MCQs about following topics:
Kind of markets . Perfect and imperfect market . Perfect competition . Monopolu . Revenue curves
MCQ's Test For Chapter 12 "Economics Ics Part 1 English Medium Chapter 12 Online Test"
Try The MCQ's Test For Chapter 12 "Economics Ics Part 1 English Medium Chapter 12 Online Test"
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Chapter 12 Online Test
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Question # 1
Extent of market mainly depends upon.
Question # 2
A monopoly market can be controlled by.
Question # 3
A firm under perfect competition is
Question # 4
Perfect competition is a situation of market, where there are very large number of firms selling the same commodity are called
Question # 5
Which is NOTtrue
Question # 6
When marginal revenue is zero, total revenue is
Question # 7
The concept of perfect competition was introduced by.
Question # 8
Stock exchange is market where we can buy:
Question # 9
A group of buyers and sellers that exchange a goods or services at a price are called
Question # 10
A mechanism, or arrangement, which brings together buyers together buyers and sellers of particular goods or services are called
Question # 11
Malaysia enjoys monopoly on rubber, but which kind of monopoluit is.
Question # 12
Different prices are charged from different customers of the same product. This is called.
Question # 13
Market is an area where :
Question # 14
Which of the following is one of the assumptions of perfect competition.
Question # 15
The major difference between perfect competition and monopolistic competition is
Question # 16
The supply curve of day to day market is.
Question # 17
Different kinds of imperfect competition are.
Question # 18
Which is a condition for existence of monopoly
Question # 19
Product differentiation is a pre-condition of:
Question # 20
Normal price is a price which prevails
ICS Part 1 Economics Chapter 12 MCQs Test
Top Scorers Of Chapter 12 "Economics Ics Part 1 English Medium Chapter 12 Online Test" MCQ`s Test
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H Humaira 26 - Jan - 2018 03 Min 06 Sec 20/20 -
H hamza abid 11 - Aug - 2021 10 Min 50 Sec 20/20 -
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Test Questions
