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11th Class Economics English Medium Test

11th Class Economics MCQ Test With Answer for Economics Full Book

Economics is the main subject for the ICS students. Economics is widely taught in all college and universities by expert and professional teachers. Students of Arts can choose the subject according to their choice. It is up to the choice of the students.

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The students can easily can access the topics very easily There is 20% objective is compulsory in the paper. Thousands of MCQ for ICS students are uploaded for the convenience of the students so that they can prepare well and pass the exams with notable grades. Economics online ICS test is the unique opportunity is the unique opportunity for the students. It is not only make the students more proficient, but it also makes the the students more erudite.

Students of ICS class can examine their preparation by this online test system as many times as they want until they find their self fully able. ICS students are advised to attempt this online test for economics paper.

Top Scorers of Economics Ics Part 1 English Medium Online Test

I

Imam

Lahore23 - Oct - 2021

17/20
04 Mins 44 Sec
Z

Zeshan

Lahore03 - Dec - 2021

16/20
06 Mins 24 Sec
I

Imam

Lahore23 - Oct - 2021

15/20
05 Mins 32 Sec
Z

Zeshan

Lahore03 - Dec - 2021

15/20
08 Mins 54 Sec
Z

Zeshan

Lahore03 - Dec - 2021

14/20
08 Mins 43 Sec
A

Anisha Khatri 11Th C

Lahore01 - Dec - 2021

10/20
02 Mins 43 Sec
G

Garima Srivastava

Lahore29 - Nov - 2021

10/20
03 Mins 13 Sec

11th Class Economics MCQ Test With Answer for Economics Full Book

Sr. # Questions Answers Choice
1 In case of perfect competition in the market
  • A. marginal revenue curve always slopes upward
  • B. marginal revenue curve always slopes downward
  • C. marginal revenue is always equal to average revenue
  • D. marginal revenue is always less than to average revenue
2 All factors of productions are variable in the:
  • A. Marked period
  • B. Short period
  • C. long period
  • D. None of the three
3 Demands and supply curves cross at
  • A. always at 60 degree
  • B. at 90 degree
  • C. at equal angle
  • D. at any angle
4 Marginal revenue of a monopolist is
  • A. equal to price
  • B. greater than price
  • C. less than price
  • D. increases with output
5 Which of the following saying describes diminishing marginal returns in the short run?
  • A. When the cat is away, the mouse will play
  • B. Too many cooks spoil the broth
  • C. A rolling stone gathers no moss
  • D. A stitch in time saves nine
6 All non materials products which can satisfy human wants are called.
  • A. Economic goods
  • B. Services
  • C. Non-economics goods
  • D. Services
7 Economic problems arises because of.
  • A. Unlimited wants.
  • B. Scarcity of resources.
  • C. Alternative use of resources.
  • D. All of the above
8 When demand is perfectly inelastic, an increase in price will result in
  • A. decrease in total revenue
  • B. increase in total revenue
  • C. no change in total revenue
  • D. decrease in quantity demanded
9 When MR = MC , a firm.
  • A. Does not attain a equilibrium position
  • B. Suffers from loss
  • C. Attains its equilibrium position
  • D. Attains profit
10 The kind of market is undesirable
  • A. general market
  • B. specialized market
  • C. local market
  • D. monopoly market

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  • G

    Guest User

    27 Dec 2019

    nice

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  • G

    Guest User

    10 Dec 2019

    very good

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  • A

    Arbaz Khan

    25 Jul 2019

    if you have a job for 10 class students So.....!

    Like (1)
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    Ilmkidunya Support

    25 Jul 2019

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    Like (1)
  • A

    Ali Raza Siddiqui

    18 Jul 2019

    good

    Like (1)
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  • F

    Fahad

    04 Jan 2019

    Now

    Like (1)
    Reply
  • A

    Asad Bhatti

    09 Dec 2018

    hmmm

    Like (1)
    Reply
  • M

    Mustaqeem Uddin

    03 Dec 2017

    sw

    Like (1)
    Reply
  • M

    Mustaqeem Uddin

    03 Dec 2017

    first i'l try then

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  • M

    Muhid Imran

    30 Nov 2017

    cool

    Like
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  • S

    Syed Junaid Abbas

    01 Aug 2017

    wah superb test

    Like
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