Home

Economics is a:

A. Physical science

B. Social science

C. Natural science

D. Basic science

Correct Answer : B.


Download Objective type questions of Basics of Economics PDF

Get all objective type questions of Basics of Economics MCQ

Also checkout these categories

Choosing the correct sentence MCQ Banker's Discount MCQ Photo-Chemistry MCQ Windows 2000 Server MCQ Current Affairs April 2017 MCQ Investment MCQ Odd Man Out MCQ Chain Rule MCQ Engineering Materials MCQ Thermo Electricity MCQ Indian Polity & Economy MCQ C++ Programming MCQ

Please do not use chat terms. Example: avoid using "grt" instead of "great".

Submit
Load More..
You can do it
  1. In Nash Equilibrium:
  2. In cournot model, each firm expects a reaction from his rival but the expected reaction is not:
  3. According to Leontief technology, there:
  4. Consumers are likely to get a variety of similar goods under:
  5. The game theory takes into consideration:
  6. If Marginal Utility (MU) is zero, then total utility is:
  7. For a commodity giving large consumers surplus, the demand will be:
  8. If a person behaves against the laws of economics then:
  9. Total variable costs in equation form are:
  10. If the price of Pepsi Cola goes down, you would predict:
  11. The difference between average total cost and average fixed cost shows:
  12. When total product increases at a decreasing rate:
  13. Identify the economist who first developed the theory of income determination in its modern form:
  14. Whish of the following represents the average revenue curve of a firm?
  15. Under competitive conditions, the industry will be in equilibrium:
  16. In monopoly, when average revenue curve falls:
  17. In a perfectly competitive market, suppliers must know:
  18. Average cost means:
  19. When in a market, the number of buyers is very large and the number of sellers is very small, it is…
  20. The equilibrium of a firm is determined by the equality of MC and MR in only:
  21. On the total utility curve the economically relevant range is the portion over which:
  22. An economic model describing the working of an economy consists of:
  23. In case of monopoly, the slope of MR is:
  24. An income demand curve of an inferior good is:
  25. Money spent by a firm on the purchase of capital equipment is:
  26. In the case of an inferior good, the income effect:
  27. Cross-elasticity of demand or cross-price elasticity between two complements will be:
  28. The main contribution of David Ricardo is in the field of:
  29. The slope of isocost line (budget line) shows:
  30. Supply of commodity is a: