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NAT II Management Science Economy MCQs With Answers
Question # 1
A good for which income and quantity demanded are inversely related is known as:
Choose an answer
Inferior good
Complementary good
Normal good
None of the given options
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Question # 2
Which of the following large-scale items showed a negative growth of -47.97 percent during July-March 2005-06?
Choose an answer
Sugar
Vegetable Ghee
Billets
Cement
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Question # 3
As compared to existing firms, a new firm entering in monopolist market has:
Choose an answer
High costs
Low costs
Equal costs
None of the given options
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Question # 4
The market structure in which strategic considerations are most important is:
Choose an answer
Monopolistic competition.
Oligopoly.
Pure competition.
Pure monopoly.
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Question # 5
In February 2006, the Avian Influenza was reported by poultry farm in:
Choose an answer
Hyderabad
Karachi
Multan
Charsadda
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Question # 6
In 2005-06, the crop area of cotton was 3,096 thousand hectares and the crop area of rice was:
Choose an answer
2,620
982
8,303
4,702
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