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Principles of Economics Icom Part 1 English Medium Chapter 7 Online Test
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Total Questions15
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Time Allowed20
Principles of Economics Icom Part 1 English Medium Chapter 7 Online Test
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Question # 1
Laws of returns are also known as:
Question # 2
Under perfect competition, marginal revenue and average revenue curves
Question # 3
When total production is maximum, marginal product is:
Question # 4
Speed of increase in total revenue remains equal with the increase in output
Question # 5
Which law is applicable when human and natural forces are balance ?
Question # 6
To increase profit a firm minimizes
Question # 7
Shut down point appears, when
Question # 8
Tendency of average revenue curve under monopoly is alwaus
Question # 9
When total production decreases, marginal product is:
Question # 10
In monopoly, when total revenue of a firm is maximum, then its marginal revenue is
Question # 11
A monopolist controls the supply
Question # 12
The formula of calculating total revenue is
Question # 13
According to neo classical approach, output is the function of:
Question # 14
Firms equilibrium is at that point where
Question # 15
If a monopolist wants to increase the sale of its product, it will have to --------- the price of its good
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.
