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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
______ is a science which is concerned with the collection, presentation, and interpretation of numerical data
Question # 2
One of the following is not an exception to the law of diminishing marginal utility .
Question # 3
According to law of diminishing marginal utilities , a consumer maximises his total utility where.
Question # 4
A bridge will be a
Question # 5
How many kinds of data?
Question # 6
Law of equi marginal utility provides basis for.
Question # 7
In mathematics which letters at the end of alphabet are used to represent variables
Question # 8
Variable are represented by symbol
Question # 9
When marginal utility of a product is zero its total utility will be.
Question # 10
To measure changes in purchasing power of money, we use
Question # 11
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 # 12
The talent of a professor is .
Question # 13
Who introduced indifference curves to explain consumer's beghavior
Question # 14
A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is.
Question # 15
Which is the general form of quadratic equation
Question # 16
According to law of equi-marginal utility a consumer will maximises his total utility when
Question # 17
If we plot the equation y = 20 +3x, its slope is
Question # 18
Marginal utility of a product is the utility obtained by consuming.
Question # 19
Constant are represented by symbol
Question # 20
One of the following will not be an assumption of the law of diminishing marginal utility.
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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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 | 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 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
|
| 3 | 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
|
| 4 | If we plot the equation y = 20 +3x, its slope is |
A. 20
B. 3
C. 20/3
D. Indeterminate
|
| 5 | A statement of how one variable affects other variable is |
A. a quadrant
B. a variable
C. an assumption
D. a functional relationship
|
| 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 | 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
|
| 8 | To measure changes in purchasing power of money, we use |
A. percentages
B. index numbers
C. averages
D. variables
|
| 9 | Which is the general form of quadratic equation |
A. x2-x-20 = 0
B. ax2+bx +c = 0
C. x2- x -c =0
D. None of these
|
| 10 | 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
|
Test Questions