Solved MCQS of Economics
The total cost (TC) function is given as: TC = 200 + 5Q. What is the fixed cost?
5 + (200/Q)
200
5Q
5
Interest rate
Cost of raw materials
Price of output
Wage
Which sector contributed to 22 percent to GDP in Pakistan in 2005-06?
Mining
Agriculture
Transport
Services
In 2005-06 total production of fish inland and marine in Pakistan was:
8,33,000 tons
7,44,000 tons
6,72,000 tons
5,81,000 tons
Which ASEAN nation had the highest growth rate of 7.5 percent in 2005-06?
Indonesia
Vietnam
Thailand
Malaysia
For knowing the spending capacity of the household sector, we have to use the concept of:
Personal income
Personal disposable income
National income
Private income
According to law of increasing return, marginal product:
Remains constant
None of these
Decreases
Increases
The supply of perishable goods is:
Minor change
Zero
Fixed
Variable
The growth rate of Sri-lanka in 2005-06?
7.5 percent
4.4 percent
5.9 percent
1.8 percent
The GDP growth rate of agriculture sector in 2005-06 was:
1.6 percent
4.3 percent
2.5 percent
9.3 percent
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