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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
How many Kinds of variables?
Question # 2
The talent of a professor is .
Question # 3
Law of equi marginal utility provides basis for.
Question # 4
Law of diminishing marginal utility provides basis for:
Question # 5
Law of equimarginal utility is also called.
Question # 6
The utility of an additional unit of a product is
Question # 7
When the classify data on the basis of income there will be
Question # 8
A statement of how one variable affects other variable is
Question # 9
Constant are represented by symbol
Question # 10
A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is.
Question # 11
In mathematics which letters at the end of alphabet are used to represent variables
Question # 12
When marginal utility of a product is zero its total utility will be.
Question # 13
If we plot the equation y = 20 +3x, its slope is
Question # 14
Initial utility of a product is :
Question # 15
How many kinds of equations?
Question # 16
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 # 17
The first law of consumption was presented by.
Question # 18
According to law of equi-marginal utility a consumer will maximises his total utility when
Question # 19
Total utility is maximised when.
Question # 20
To show data in tables, we must first
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 -
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E Eman 19 - Jul - 2024 02 Min 56 Sec 15/20
ICS Part 1 Economics Chapter 3 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | 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)
|
| 2 | A statement of how one variable affects other variable is |
A. a quadrant
B. a variable
C. an assumption
D. a functional relationship
|
| 3 | The relationship between two variables that move in the same direction is called |
A. neutral
B. positive
C. independent
D. dependent
|
| 4 | 3x2=0 is an equation |
A. linear
B. quadratic
C. general
D. first degree
|
| 5 | The utility of an additional unit of a product is |
A. Law of demand
B. Law of substitution
C. Law of supply
D. Law of diminishing marginal utility
|
| 6 | Law of equi marginal utility provides basis for. |
A. Equal distribution of wealth
B. Economy in taxation
C. Law of diminishing returns
D. Law of constant returns
|
| 7 | To measure changes in purchasing power of money, we use |
A. percentages
B. index numbers
C. averages
D. variables
|
| 8 | Law of equimarginal utility is also called. |
A. Law of substitution
B. Law of maximum social benefits
C. Law of economy
D. Law of maximum satisfaction
|
| 9 | A ______ is something which is measurable and can take on different values |
A. Variable
B. Constant
C. Both a and b
D. None of these
|
| 10 | This is a tool in economic studies |
A. market
B. price
C. firm
D. functional relation
|
Test Questions