A. Urdu
B. Panjabi
C. Sindhi
D. Pushto
Economics Mcqs
Which is the most thinly populated province of Pakistan ?
A. K.P.K
B. Punjab
C. Baluchistan
D. Sindh
In the Sub-Continent, first census was held in ?
A. 1858
B. 1869
C. 1881
D. 1901
The fifth Census was held in ?
A. 1978
B. 1988
C. 1998
D. 2000
The present death rate per thousand in Pakistan in ?
A. 7.1 persons
B. 11 persons
C. 13 persons
D. 14 persons
If a few firms dominate an industry the market is known as ?
A. monopolistic competition
B. Competitively monopolistic
C. Duopoly
D. Oligopoly
In the kinked Demand Curve theory it is assumed that ?
A. An increase in price by the firm is not followed by others
B. An increase in price by the firm is followed by others
C. A decrease in price by the firm is followed by others
D. Firms collude to fix the price
In Game Theory ?
A. Firms are assumed to act independently
B. Firms are assumed to cooperate with each other
C. Firms collude as part of cartel
D. Firms consider the actions of others before deciding what to do
Firms in oligopoly are likely to ?
A. Invest heavily in branding
B. Act independently of other firms
C. Try to differentiate its products
D. Try to be a price maker
In cartels ?
A. Each individual firm profit maximizes
B. There may be an incentive to cheat
C. The industry as a whole is loss making
D. There is no need to police agreements