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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 equi marginal utility provides basis for.
Question # 2
The first law of consumption was presented by.
Question # 3
Variable are represented by symbol
Question # 4
if X and Y scales are the same a line making 45-degree angle with X-axis has slope
Question # 5
In mathematics which letters at the end of alphabet are used to represent variables
Question # 6
When marginal utility of a product is zero its total utility will be.
Question # 7
Who introduced indifference curves to explain consumer's beghavior
Question # 8
Total utility is maximised when.
Question # 9
Law of equimarginal utility is also called.
Question # 10
One of the following will not be an assumption of the law of diminishing marginal utility.
Question # 11
A bridge will be a
Question # 12
How many kinds of Function
Question # 13
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 # 14
One of the following is not an exception to the law of diminishing marginal utility .
Question # 15
This is a tool in economic studies
Question # 16
3x2=0 is an equation
Question # 17
The talent of a professor is .
Question # 18
Marginal utility of a product is the utility obtained by consuming.
Question # 19
To measure changes in purchasing power of money, we use
Question # 20
The relationship between two variables that move in the same direction is called
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 equimarginal utility is also called. |
A. Law of substitution
B. Law of maximum social benefits
C. Law of economy
D. Law of maximum satisfaction
|
| 2 | The talent of a professor is . |
A. National wealth
B. International wealth
C. Personal wealth
D. Non of them
|
| 3 | Total utility is maximised when. |
A. Marginal utility is zero
B. Marginal utility falls
C. Marginal utility rises
D. Non of the above
|
| 4 | 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
|
| 5 | ______ is a science which is concerned with the collection, presentation, and interpretation of numerical data |
A. Statistics
B. Economics analysis
C. Function
D. None of these
|
| 6 | 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
|
| 7 | 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
|
| 8 | A bridge will be a |
A. Private good
B. Capital goods
C. Consumer good
D. Personal good
|
| 9 | A statement of how one variable affects other variable is |
A. a quadrant
B. a variable
C. an assumption
D. a functional relationship
|
| 10 | Constant are represented by symbol |
A. C
B. V
C. P
D. U
|
Test Questions
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