First Year Principles of Economics Chapter 4 Online MCQ Test for 1st Year Principles of Economics Chapter 4 (Factors of Production)

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This online test contains MCQs about following topics:

. Land . Characteristics of land . Importance of land . labour . Importance of labour . Characteristics of labour . Capital . Importance of capital . Functions of capital . Organization

ICOM Part 1 Economics Ch 4 Test
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Online MCQ`s Test For Chapter 4 "Principles of Economics Icom Part 1 English Medium Chapter 4 Online Test"

Try The MCQ`s Test For Chapter 4 "Principles of Economics Icom Part 1 English Medium Chapter 4 Online Test"

  • Total Questions15

  • Time Allowed20

Principles of Economics Icom Part 1 English Medium Chapter 4 Online Test

00:00
Question # 1

Which factor can not be stored

Question # 2

Cannot be separated from labourer

Question # 3

One of the following is not called land

Question # 4

The relationship between price and quantity supplied is:

Question # 5

If 30% change in supply in response to 50% change in price then:

Question # 6

The most important and basic factor of production is

Question # 7

In case of horizontal supply curve, Es is:

Question # 8

Supply curve slope is:

Question # 9

If price increases but supply remains constant, it is called:

Question # 10

The factor of production which is used to produce more wealth or increase income is called

Question # 11

In modern term, factors of production are called

Question # 12

Perfectly inelastic supply curve is:

Question # 13

As factor of production, river and sea are called

Question # 14

Free gift of nature is

Question # 15

Stock means the quantity:

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