Economics MCQ Questions and Solutions with Explanations

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Economics MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Economics MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-10 section-16

Each section contains 100 MCQs on Economics .

Liberalisation does not include:

A) Liberalisation of economic policies B) Encouragement of competition C) Development of financial market D) Major role of public sector

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

Which of the following reflects the sum of perceived tangible and intangible benefits and costs to a customer?

A) Customer satisfaction B) Customer delight C) Customer value D) Customer expectation

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

When the elasticity of demand is equal to one, then the marginal revenue will be

A) positive B) negative C) zero D) infinity

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

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Economics MCQ Questions and Solutions with Explanations | Commerce