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Economics Ics Part 1 English Medium Chapter 2 Online Test

  • Medium English
  • Available questions37
  • Chapter Name2
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Economics Ics Part 1 English Medium Chapter 2 Online Test

  • Total Questions20

  • Time Allowed30

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Economics Ics Part 1 English Medium Chapter 2 Online Test

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Question # 1

Power of a product which can satisfy human want is.

Question # 2

In economics, one or more persons sharing common consumer budget is called

Question # 3

Food, Shelter and clothing are:

Question # 4

MU curve

Question # 5

Law of Equi marginal utlility is a low of

Question # 6

One of the following will not be the income of a person.

Question # 7

A product which has value price in the market has.

Question # 8

The goods used to produce income or wealth are.,

Question # 9

The price of an non-economic good is:

Question # 10

.Which one is not an economic want.

Question # 11

Human wants are

Question # 12

When MU is positive, TU

Question # 13

Shopkeepers are also producers because in goods, they produce.

Question # 14

A consumer's spending is restricted because of

Question # 15

Equilibrium of consumer is explained by

Question # 16

When MU=0, TU is

Question # 17

When marginal is negative, it must be true that

Question # 18

Economic wants.

Question # 19

Utility is most closely related to the term

Question # 20

The good which are used to produce more goods are.``

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