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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
A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is.
Question # 2
According to law of equi-marginal utility a consumer will maximises his total utility when
Question # 3
3x2=0 is an equation
Question # 4
Marginal utility of a product is the utility obtained by consuming.
Question # 5
According to law of diminishing marginal utilities , a consumer maximises his total utility where.
Question # 6
Law of equimarginal utility is also called.
Question # 7
The first law of consumption was presented by.
Question # 8
This is a tool in economic studies
Question # 9
How many kinds of equations?
Question # 10
The maintain social status in life, a person requires.
Question # 11
______ is a science which is concerned with the collection, presentation, and interpretation of numerical data
Question # 12
Constant are represented by symbol
Question # 13
Initial utility of a product is :
Question # 14
How many kinds of Function
Question # 15
In mathematics which letters at the end of alphabet are used to represent variables
Question # 16
Who introduced indifference curves to explain consumer's beghavior
Question # 17
A statement of how one variable affects other variable is
Question # 18
One of the following will not be an assumption of the law of diminishing marginal utility.
Question # 19
When marginal utility of a product is zero its total utility will be.
Question # 20
Total utility is maximised when.
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 -
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 -
E Eman 19 - Jul - 2024 02 Min 56 Sec 15/20
ICS Part 1 Economics Chapter 3 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | If we plot the equation y = 20 +3x, its slope is |
A. 20
B. 3
C. 20/3
D. Indeterminate
|
| 2 | The talent of a professor is . |
A. National wealth
B. International wealth
C. Personal wealth
D. Non of them
|
| 3 | 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
|
| 4 | To measure changes in purchasing power of money, we use |
A. percentages
B. index numbers
C. averages
D. variables
|
| 5 | The maintain social status in life, a person requires. |
A. Bare necessities of life
B. Comforts of life
C. Luxuries of life
D. All of them
|
| 6 | The first law of consumption was presented by. |
A. Robert Malthus
B. Loinel Robbins
C. Alfred Marshall
D. Pareto
|
| 7 | Initial utility of a product is : |
A. Highest
B. Lowest
C. Conatant
D. None of them
|
| 8 | Who introduced indifference curves to explain consumer's beghavior |
A. J.R Hicks
B. Marshall
C. Robbins
D. Adam Smith
|
| 9 | To show data in tables, we must first |
A. reduce data
B. expand data
C. classify data
D. all of the above
|
| 10 | Variable are represented by symbol |
A. V
B. U
C. P
D. C
|
Test Questions