First Year Principles of Economics Chapter 5 Online MCQ Test for 1st Year Principles of Economics Chapter 5 (Laws of Return)

This online test contains MCQs about following topics:

. Analysis of firms output . Laws of return . Law of increasing return . Application of law of increasing return . Law of constant return . Law of diminishing return . Laws of costs . Allpication of law of deminishing return

ICOM Part 1 Economics Ch 5 Test
ic

MCQ's Test For Chapter 5 "Principles of Economics Icom Part 1 English Medium Chapter 5 Online Test"

Try The MCQ's Test For Chapter 5 "Principles of Economics Icom Part 1 English Medium Chapter 5 Online Test"

  • Total Questions15

  • Time Allowed20

Principles of Economics Icom Part 1 English Medium Chapter 5 Online Test

00:00
Question # 1

In production process when marginal product increases with the increase in units of variable factors along with fixed factor, this tendency in economics is called

Question # 2

When marginal product is zero, total product is

Question # 3

When total product decreases, marginal product

Question # 4

No factor can take the place of any other factor, it is explained by

Question # 5

Under constant return, the slope of marginal product curve is

Question # 6

Total product decreases, when marginal product is

Question # 7

When average product increase, marginal product

Question # 8

According to classical economics, production process is under laws

Question # 9

Production which is produced with a particular combination of factors of production, is called

Question # 10

The number of laws of cost are

Question # 11

In law of decreasing return, marginal product

Question # 12

The production sector where human brain and intelligence plays more role there is applicable

Question # 13

When Demand > Supply it will be:

Question # 14

The second name of law of increasing return is

Question # 15

Under increasing return, the slope of marginal product curve is

Prepare Complete Set Wise Chapter 5 "Principles of Economics Icom Part 1 English Medium Chapter 5 Online Test" MCQs Online With Answers


11th Principle of Economics Chapter 5 Test

Here you can prepare 11th Principle of Economics English Medium Chapter 5 Laws of Return Test. Click the button for 100% free full practice test.

Top Scorers Of Chapter 5 "Principles of Economics Icom Part 1 English Medium Chapter 5 Online Test" MCQ`s Test

  • S
    Subtain Ahmed Raza 21 - Jul - 2023 02 Min 48 Sec 15/15
  • M
    Muhammad Hammad Shekhani 30 - Jun - 2021 11 Min 40 Sec 15/15
  • R
    Rimsha Fsdpk 29 - Mar - 2023 03 Min 13 Sec 14/15
  • R
    Ramla Akhlaq 13 - Jul - 2021 04 Min 04 Sec 14/15
  • H
    hamza abid 17 - Aug - 2021 10 Min 50 Sec 14/15
  • A
    Azhan 23 - Jan - 2021 01 Min 38 Sec 13/15
  • A
    Abeer 08 - Feb - 2024 02 Min 37 Sec 13/15
  • S
    Safa Kodvavi 10 - Mar - 2022 04 Min 53 Sec 13/15
  • B
    Bilal zafar 07 - Jun - 2024 01 Min 55 Sec 12/15
  • E
    ekta 05 - Aug - 2021 03 Min 36 Sec 12/15
  • A
    Asif Iqbal 20 - Apr - 2023 03 Min 52 Sec 12/15
  • H
    Haroon Raza 05 - Feb - 2021 04 Min 00 Sec 12/15
  • S
    Sania Butt 01 - Jun - 2024 04 Min 26 Sec 12/15
  • I
    Ibrahim Atif 15 - Dec - 2023 04 Min 46 Sec 12/15
  • M
    Muhammad aliaan 21 - Jan - 2021 07 Min 35 Sec 12/15

Test Questions

Is this page helpful?