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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
Initial utility of a product is :
Question # 2
When marginal utility of a product is zero its total utility will be.
Question # 3
To show data in tables, we must first
Question # 4
The utility of an additional unit of a product is
Question # 5
A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is.
Question # 6
if X and Y scales are the same a line making 45-degree angle with X-axis has slope
Question # 7
______ is a science which is concerned with the collection, presentation, and interpretation of numerical data
Question # 8
3x2=0 is an equation
Question # 9
Total utility is maximised when.
Question # 10
A bridge will be a
Question # 11
The maintain social status in life, a person requires.
Question # 12
Marginal utility of a product is the utility obtained by consuming.
Question # 13
Law of equimarginal utility is also called.
Question # 14
A statement of how one variable affects other variable is
Question # 15
Which is the general form of quadratic equation
Question # 16
One of the following is not an exception to the law of diminishing marginal utility .
Question # 17
How many kinds of data?
Question # 18
To measure changes in purchasing power of money, we use
Question # 19
One of the following will not be an assumption of the law of diminishing marginal utility.
Question # 20
A ______ is something which is measurable and can take on different values
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 -
M Minahil Kashif 06 - May - 2026 02 Min 03 Sec 18/20 -
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 -
B Bano Begum 09 - May - 2024 04 Min 51 Sec 17/20 -
A Abdullah Ahmed 09 - Mar - 2023 00 Min 08 Sec 16/20 -
Z Zaina Ch 10 - May - 2024 01 Min 43 Sec 15/20 -
M M.Attiq-U-Rehman 24 - Nov - 2023 02 Min 34 Sec 15/20 -
M Maryam Akram 21 - Apr - 2024 02 Min 45 Sec 15/20
ICS Part 1 Economics Chapter 3 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | 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
|
| 2 | Who introduced indifference curves to explain consumer's beghavior |
A. J.R Hicks
B. Marshall
C. Robbins
D. Adam Smith
|
| 3 | When the classify data on the basis of income there will be |
A. class intervals
B. class numbers
C. groups
D. sections
|
| 4 | A bridge will be a |
A. Private good
B. Capital goods
C. Consumer good
D. Personal good
|
| 5 | 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
|
| 6 | The first law of consumption was presented by. |
A. Robert Malthus
B. Loinel Robbins
C. Alfred Marshall
D. Pareto
|
| 7 |
When marginal utility of a product is zero its total utility will be.
|
A. Increase
B. Decreasing
C. Maximum
D. Constant
|
| 8 | if X and Y scales are the same a line making 45-degree angle with X-axis has slope |
A. 1/4
B. 1/2
C. 1
D. constant
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| 9 | Marginal utility of a product is the utility obtained by consuming. |
A. First unit of consummption
B. Each additional unit of consumption
C. Last unit of consumption
D. None of the them
|
| 10 | 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
|
Test Questions