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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
In mathematics which letters at the end of alphabet are used to represent variables
Question # 2
Who introduced indifference curves to explain consumer's beghavior
Question # 3
A bridge will be a
Question # 4
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 # 5
Constant are represented by symbol
Question # 6
When marginal utility of a product is zero its total utility will be.
Question # 7
The talent of a professor is .
Question # 8
A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is.
Question # 9
How many kinds of data?
Question # 10
Law of diminishing marginal utility provides basis for:
Question # 11
One of the following is not an exception to the law of diminishing marginal utility .
Question # 12
Which is the general form of quadratic equation
Question # 13
How many Kinds of variables?
Question # 14
How many kinds of equations?
Question # 15
If we plot the equation y = 20 +3x, its slope is
Question # 16
According to law of diminishing marginal utilities , a consumer maximises his total utility where.
Question # 17
Variable are represented by symbol
Question # 18
Initial utility of a product is :
Question # 19
The first law of consumption was presented by.
Question # 20
A statement of how one variable affects other variable is
ICS Part 1 Economics Chapter 3 MCQs Test
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Z Zafar Ali 22 - May - 2024 00 Min 16 Sec 20/20 -
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ICS Part 1 Economics Chapter 3 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | How many kinds of equations? |
A. 4
B. 3
C. 2
D. 5
|
| 2 | The talent of a professor is . |
A. National wealth
B. International wealth
C. Personal wealth
D. Non of them
|
| 3 | The first law of consumption was presented by. |
A. Robert Malthus
B. Loinel Robbins
C. Alfred Marshall
D. Pareto
|
| 4 | How many Kinds of variables? |
A. There are many kinds of variables
B. There are 2 kinds of variables
C. There are 3 kinds of variables
D. There are 4 kinds of variables
|
| 5 | This is a tool in economic studies |
A. market
B. price
C. firm
D. functional relation
|
| 6 | ______ 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
|
| 7 | A statement of how one variable affects other variable is |
A. a quadrant
B. a variable
C. an assumption
D. a functional relationship
|
| 8 | 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
|
| 9 | 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
|
| 10 | A variable is a symbol which, during a discussion, may assume different values or a set of admissible values. This is the definition of |
A. Prof. Kooros
B. Prof. Marshall
C. Prof. Rabbins
D. Prof. Kneez
|
Test Questions