11th class Economics chapter 11 online mcq test with answers for ICS part 1 Economics chapter 11 (Scale of Production and Laws of Returns)

This online test contains MCQs about following topics:

Large Scale production . Small scale . Economies of scale . Laws of returns . Law of variable proportions . Law of decreasing returns , Laws of cost . Total marginal average quantities

ICS Part 1 Economics Chapter 11 Test

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First Year Economics Chapter 11 Online MCQ Test for 1st Year Economics Chapter 11 (Scale of Production and Laws of Returns)

ICS Part 1 Economics Chapter 11 Test

ICS Part 1 Economics Chapter Wise Test

Economics Ics Part 1 English Medium Chapter 11 Online Test

Economics Ics Part 1 English Medium Chapter 11 Online Test

The production function relates to

When total product falls, marginal product is.

When diseconomies of scale outweigh economies of scale the

The law of variable proportions was presented by.

Which of the following is example of external economies of scale?

Law of diminishing returns applies more in:

Which one is the third stage of production under law of variable proportions

When business expands beyond its optimum level what type of economics will it be getting.

Economies and diseconomies of scale determine the shape of

Economies of scale

The government constructed a new water reservoir for the purpose of irrigation; this might be taken as

The law of variable proportions was presented by.

Which one is the small scale production.

When average product falls marginal product

The maximum point of TP curve is at quantity of labour where

When a firm using a fixed amount of land and capital takes on more workers, it finds that marginal product(MP) of labour falls but the average product(AP) of labour rises. This can be explained by the factors that

The concept of internal and external economics was given by.

When MP is zero, TP is

In the second stage of the law of variable of proportions the average product:

When total product (TP) reaches its maximum, Marginal product (MP) is_

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ICS Part 1 Economics Chapter 11 MCQs Test

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