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Principles of Economics Icom Part 1 English Medium Chapter 2 Online Test
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Total Questions15
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Time Allowed20
Principles of Economics Icom Part 1 English Medium Chapter 2 Online Test
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Question # 1
First law of consumption is known as:
Question # 2
Which economist did present, cardinal theory of utility
Question # 3
Other things remaining the same, marginal utility of a commodity diminishes with its continuous consumption. This law is called
Question # 4
Total utility increases when marginal utility is
Question # 5
First and basic law of consumption is
Question # 6
Total utility decreases when marginal utility is
Question # 7
When marginal utility is zero, than total utility is:
Question # 8
Utility of the last unit of a commodity consumed is called
Question # 9
Consumer's behaviour means:
Question # 10
Guides finance minister for levying tax on the income of the people
Question # 11
To determine consumer's equilibrium, professor Marshall got help from the law
Question # 12
Law of diminishing marginal utility provides basis for:
Question # 13
Marginal utility curve moves
Question # 14
According to law of diminishing marginal utility, Utility of every new (Additional) unit of commodity
Question # 15
Initial utility of a product is:
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.