M C Q s D r i v e

Economics Mcqs 4423 MCQs [All-Courses]

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Economics MCQs cover fundamental concepts of microeconomics and macroeconomics, including demand and supply, inflation, national income, and economic policies.
This section is designed to strengthen analytical skills and conceptual understanding for competitive examinations.
Highly useful for PPSC, FPSC, NTS, OTS, KPPSC, and other testing services preparation.

When firm build in Organizational slack they do this in order to ?
A cope with unforeseen changes
B maximize growth.
C minimize conflict within the firm
D both options one and three
Correct Answer: both options one and three
Which of the following is NOT a common reason for a merger?
A To increase competition
B To reduce uncertainty
C To achieve faster growth
D To achieve economies of scale
Correct Answer: To increase competition
Identify below those who are not stakeholders in a company ?
A Owners
B Customers
C Employees
D None of the above
Correct Answer: None of the above
The merger of two clothing firms would be a ____ merger?
A horizontal
B vertical
C homogeneous
D conglomerate
Correct Answer: horizontal
The merger of fiber producer and a clothing firm would be _____ merger?
A horizontal
B vertical
C conglomerate
D homogeneous
Correct Answer: vertical
Sales maximization is likely to take place in markets that are ?
A contestable
B perfectly competitive
C oligopolistic
D export-oriented
Correct Answer: oligopolistic
If firms satisfice this means that ?
A managers need to be paid enough to stop them leaving the company
B objectives such as profit are not maximized
C short-run profits are maximized
D long-run profits are maximized
Correct Answer: objectives such as profit are not maximized
Firms that engage in satisficing behavior are likely to be ?
A Like other firms in their industry.
B growth maximisers.
C leading firms in their industry
D unlike other firms in their industry
Correct Answer: Like other firms in their industry.
Galbraith’s idea that firms are controlled by a technostructure supports _________ theories?
A Williamson’s
B classical economic
C Marxist
D monetarist
Correct Answer: Williamson’s
Behavioral theories of the firm concentrate on the _______ interests of _______?
A common; different parts of the firm
B common; mangers
C conflicting; managers
D conflicting; different parts of the firm
Correct Answer: conflicting; different parts of the firm