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Principles of Economics Icom Part 1 English Medium Chapter 3 Online Test
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Total Questions15
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Time Allowed20
Principles of Economics Icom Part 1 English Medium Chapter 3 Online Test
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Question # 1
If the percentage change in supply is more than the percentage change in price, then elasticity of supply is called
Question # 2
Demand for good like Television and VCR is
Question # 3
If the demand for a commodity is more elastic, then an entrepreneur in order to increase his profit
Question # 4
When there is a very small change in demand and price of a commodity, it is called
Question # 5
Degree of change in quantity supplied due to change in price is called
Question # 6
When price of a commodity decreases but its demand does not change, this situation is called
Question # 7
If 50% change in demand in response of 30% change in price then:
Question # 8
According to law of demand, when price of a commodity decreases, then demand curve
Question # 9
Flux method is also known as:
Question # 10
Elasticity of demand for the commodities which have substitutes, is
Question # 11
Supply curve moves from left to right upward, this tendency is called
Question # 12
Rise of supply can be shown with the help of
Question # 13
Demand for the commodities whose use can be postponed is
Question # 14
Quantity of a commodity which the consumers are ready to purchase at a particular price, is called
Question # 15
When supply curve shifts rightward or down it is called
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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