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This online test contains MCQs about following topics:
Variables and Constant ,Parametrs ,Equations, Simultaneous Equation,Graphs of Equations,Functions,Statistics ,Data Collection,Classification and Tabulations
MCQ's Test For Chapter 3 "Economics Ics Part 1 English Medium Chapter 3 Online Test"
Try The MCQ's Test For Chapter 3 "Economics Ics Part 1 English Medium Chapter 3 Online Test"
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Chapter 3 Online Test
00:00
Question # 1
Law of equimarginal utility is also called.
Question # 2
How many kinds of data?
Question # 3
Variable are represented by symbol
Question # 4
______ is a science which is concerned with the collection, presentation, and interpretation of numerical data
Question # 5
Which is the general form of quadratic equation
Question # 6
How many kinds of Function
Question # 7
One of the following is not an exception to the law of diminishing marginal utility .
Question # 8
The relationship between two variables that move in the same direction is called
Question # 9
If we plot the equation y = 20 +3x, its slope is
Question # 10
One of the following will not be an assumption of the law of diminishing marginal utility.
Question # 11
When the classify data on the basis of income there will be
Question # 12
A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is.
Question # 13
A statement of how one variable affects other variable is
Question # 14
The talent of a professor is .
Question # 15
Who introduced indifference curves to explain consumer's beghavior
Question # 16
Marginal utility of a product is the utility obtained by consuming.
Question # 17
Law of diminishing marginal utility provides basis for:
Question # 18
How many Kinds of variables?
Question # 19
A variable is a symbol which, during a discussion, may assume different values or a set of admissible values. This is the definition of
Question # 20
Law of equi marginal utility provides basis for.
ICS Part 1 Economics Chapter 3 MCQs Test
Top Scorers Of Chapter 3 "Economics Ics Part 1 English Medium Chapter 3 Online Test" MCQ`s Test
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H hafsa Mumtaz 10 - May - 2024 00 Min 04 Sec 20/20 -
R Reta Rossie 29 - Apr - 2024 00 Min 04 Sec 20/20 -
Z Zafar Ali 22 - May - 2024 00 Min 16 Sec 20/20 -
L Laiba Muqaddas 25 - Jul - 2024 00 Min 20 Sec 20/20 -
A Anum Fatima 19 - Jun - 2023 00 Min 51 Sec 20/20 -
G Goldenwords Goldenwords 09 - Jul - 2023 01 Min 47 Sec 20/20 -
T Tazmeen Afaq 21 - Jul - 2023 02 Min 08 Sec 18/20 -
P Priya Yash 04 - May - 2024 02 Min 38 Sec 18/20 -
F Fatima Romel 20 - Mar - 2023 02 Min 41 Sec 17/20 -
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A Abdullah Ahmed 09 - Mar - 2023 00 Min 08 Sec 16/20 -
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M Maryam Akram 21 - Apr - 2024 02 Min 45 Sec 15/20 -
E Eman 19 - Jul - 2024 02 Min 56 Sec 15/20
ICS Part 1 Class Economics Chapter 3 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | According to law of diminishing marginal utilities , a consumer maximises his total utility where. |
A. MUa = MPa
B. MUa = AUa
C. MUa = TCa
D. MUa = Pa
|
| 2 | One of the following will not be an assumption of the law of diminishing marginal utility. |
A. Nature of the product should not changed
B. Mental condition of the consumer
C. Income of the consumer should not changed
D. None of the three
|
| 3 | This is a tool in economic studies |
A. market
B. price
C. firm
D. functional relation
|
| 4 | A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is. |
A. Negatively slop curve
B. An indifference curve
C. Positively sloped Curve
D. None of the above
|
| 5 | Law of diminishing marginal utility provides basis for: |
A. Law of demand
B. Law of supply
C. Laws of returns
D. Law of variable proportions
|
| 6 | The relationship between two variables that move in the same direction is called |
A. neutral
B. positive
C. independent
D. dependent
|
| 7 | In mathematics which letters at the end of alphabet are used to represent variables |
A. (u,v,w,x,y,z)
B. (a,b.c.d.e.f.g)
C. (a.b.c.u.v.w)
D. ((x,y,z,a,b,c)
|
| 8 | To measure changes in purchasing power of money, we use |
A. percentages
B. index numbers
C. averages
D. variables
|
| 9 | When the classify data on the basis of income there will be |
A. class intervals
B. class numbers
C. groups
D. sections
|
| 10 | A statement of how one variable affects other variable is |
A. a quadrant
B. a variable
C. an assumption
D. a functional relationship
|
Test Questions
