Economics Ics Part 1 English Medium Online Test

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  • Available questions662
  • Chapter Name1
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Economics Ics Part 1 English Medium Online Test

  • Total Questions20

  • Time Allowed30

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Economics Ics Part 1 English Medium Online Test

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Question # 1

Which of the following is NOT an input

Question # 2

Which is a condition for existence of monopoly

Question # 3

If a firm increases the ratio of capital to labour, it becomes more

Question # 4

When total product falls, marginal product is.

Question # 5

y = 2x is a.

Question # 6

How many kinds of equations?

Question # 7

One of the following is not an exception to the law of diminishing marginal utility .

Question # 8

Which one will determine scale of production .

Question # 9

The elasticity of demand of durable goods is

Question # 10

Total fixed cost curve is .

Question # 11

Minimum wage rate of labour is fixed by :

Question # 12

In production of goods, negative returns in the short run imply that

Question # 13

Supply of a commodity means

Question # 14

To promote capital investment in a country, what is essentially required is.

Question # 15

TVC

Question # 16

profit is a maximum when

Question # 17

Which of the following is correct with respect to resources

Question # 18

Normally MR curve intersects MC curve at points

Question # 19

In economics, assumptions

Question # 20

One of the following is not assumption of the marginal productivity theory.

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