M C Q s D r i v e
03079682698
mcqsdrive@gmail.com
About
Contact

Contact Info

03079682698

mcqsdrive@gmail.com

Ad Banner

Economics Mcqs 4423 MCQs [All-Courses]

thumb


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.

All Topics  4423

A merger in which firms at various stages in a production process combine is a ?
A production merger
B vertical merger
C conglomerate merger.
D horizontal merger
Correct Answer: vertical merger
A merger between a paper producer and a book publisher is an example of?
A a conglomerate merger.
B a horizontal merger
C a complementary products merger.
D a vertical merger
Correct Answer: a vertical merger
A horizontal merger is a merger of?
A firms producing unrelated products
B firms producing complementary products
C firms at various stages in a production process.
D firms producing the same product
Correct Answer: firms producing the same product
Supporters of antimonopoly enforcement argue that the real gain from such enforcement ?
A is that if encourages firms to engage in research which leads to new products
B is the revenue generated from the fines paid by those individuals who are found guilty of antitrust violation?
C Is that this policy serves to deter firms from engaging in such practices as collusion, price-fixing and deceptive advertising
D is that it forces firms to produce efficiently.
Correct Answer: Is that this policy serves to deter firms from engaging in such practices as collusion, price-fixing and deceptive advertising
Which city has the following transport policy ?
A Car licenses are very expensive vehicle entry to the city center is very restricted road pricing is being introduced and modern cheap rail transport is being expanded.
B London
C Athens
D Singapore
Correct Answer: Singapore
Evidence suggests that the price elasticity of demand for motoring is ?
A absolutely inelastic
B Unitarily elastic
C Elastic
D inelastic
Correct Answer: Unitarily elastic
Spending on motoring as a % of household expenditure in the UK shows that motoring is ?
A Environmentally damaging
B an inferior good
C a potential public good
D a superior good
Correct Answer: a superior good
If the income elasticity of demand for a good is negative it must be ?
A an elastic good
B an inferior good
C a normal good
D a luxury good
Correct Answer: an inferior good
If there is excess capacity in a production facility it is likely that the firm’s supply curve is ?
A price inelastic
B none of these
C unit price elastic
D price elastic
Correct Answer: price elastic
Technological improvements in agriculture that shift the supply of agricultural commodities to the right tend to ?
A increase total revenue to farmers as a whole because the demand for food is elastic
B increase total revenue to farmers as whole because the demand for food is inelastic
C reduce total revenue to farmers as a whole because the demand for food is elastic
D reduce total revenue to farmers as a whole because the demand for food is inelastic
Correct Answer: reduce total revenue to farmers as a whole because the demand for food is inelastic
03079682698
mcqsdrive@gmail.com

Copyright @ 2026 MCQsDrive . All Rights Reserved.