More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
NAT II Management Science Economy MCQs With Answers
Question # 1
A monopolistically competitive firm in the long run equilibrium:
Choose an answer
Will make negative profit.
Will make zero profit.
Will make positive profit
Any of the given are possible.
Previous
Skip
Next
Question # 2
If pen and ink are complements, then an increase in the price of pen will cause:
Choose an answer
An increase in the price of ink
Less ink to the demanded at each price
A decrease in the demand for pen
A rightward shift in the demand curve for ink
Previous
Skip
Next
Question # 3
In 2005-06, the percentage of total investment to GDP was:
Choose an answer
8 percent
10percent
15percent
20percent
Previous
Skip
Next
Question # 4
The elasticity of demand of durable goods is
Choose an answer
More than unity
Equal to unity
Less than unity
Zero
Previous
Skip
Next
Question # 5
A firm is charging a different price for each unit purchased by a consumer.This is called:
Choose an answer
First-degree price discrimination
Second-degree price discrimination
Third-degree price discrimination
None of the given options
Previous
Skip
Next
Question # 6
Who criticized Prof. Robbin's definition?
Choose an answer
Marshall, J.B
Beveridge
Clark
Pigeou
Previous
Skip
Next
Back