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.

Given recent information about growth trends and growth potential of ethnic populations within the U.S market which of the following ethnic groups would be a best bet to double during the next half century and become one of the U.S market’s most viable segments ?
A Hispanics and Asians
B African Americans
C Western Europeans
D Middle Eastern
Correct Answer: Hispanics and Asians
Catalog marketing is big business in the United States. The average house hold receives __________ catalogs per year?
A 25
B 50
C 75
D 100
Correct Answer: 50
The fact that services cannot be stored for later use or sale is evidence of their ?
A intangibility
B inseparability
C variability
D perishability
Correct Answer: perishability
When a company reviews sales costs and profit projections for a new product to find out whether these factors satisfy the company’s objectives they are in which of the following new process development stages ?
A Concept development and testing
B Commercialization
C Business analysis
D Marketing strategy development
Correct Answer: Business analysis
If a consumer describes a car as being the most economical car on the market than this descriptor is a?
A rule
B attitude
C belief
D cute
Correct Answer: belief
__________ is a philosophy holding that a company’s marketing should support the best long-run performance of the marketing system?
A Enlightened marketing
B Myopic marketing
C Fundamental marketing
D Conceptual marketing
Correct Answer: Enlightened marketing