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Economics Ics Part 1 English Medium Online Test
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Online Test
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Question # 1
One of the following is not land.
Question # 2
The long run average cost curve is tangent to various
Question # 3
One of the following is not an assumption of law of supply.
Question # 4
What best explains a shift in market supply curve to the right?
Question # 5
If a change in demand is brought by a change in income, of demand will be.
Question # 6
Supply of a commodity means
Question # 7
One of the following can be registered in a stock exchange.
Question # 8
A schedule of the amount of a good that would be offered for sale at all possible prices, at any one instant of time or during any period of time are called
Question # 9
The market of cars is.
Question # 10
The demand for a product is inelastic. In order to increase government revenue, the finance minister will :
Question # 11
There are large number of seller and buyers in the market but none is able to influence market price. such a market is called
Question # 12
Profits
Question # 13
The transformation of resources into economic goods and services is called
Question # 14
Demand and supply forces determine market price
Question # 15
One of the following is not a characteristics of economic laws.
Question # 16
A monopolist is always interested and obtains.
Question # 17
The demand curve slopes downward from left to right because of:
Question # 18
One of the following will not be an assumption of the law of diminishing marginal utility.
Question # 19
Increasing the minimum wage for workers will
Question # 20
Market equilibrium means a situation where
Matric Part 2/10th Class English Chapter 1 MCQ Test With Answer for Chapter 1 Hazrat Muhammad (S.A.W) an Embodiment of Justice
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Biology Chapter 1 - Answers Mode
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Biology Chapter 1 MCQ - PDF
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Download PDF with answers to study online or offline. The PDF cotnains all MCQ questions with answers for Class 10 Biology Chapter 1 - Acids and Liquids. Total questions are 12.
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