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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
Who introduced indifference curves to explain consumer's beghavior
Question # 2
A bridge will be a
Question # 3
if X and Y scales are the same a line making 45-degree angle with X-axis has slope
Question # 4
When the classify data on the basis of income there will be
Question # 5
When marginal utility of a product is zero its total utility will be.
Question # 6
A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is.
Question # 7
3x2=0 is an equation
Question # 8
Law of equi marginal utility provides basis for.
Question # 9
The talent of a professor is .
Question # 10
To measure changes in purchasing power of money, we use
Question # 11
Initial utility of a product is :
Question # 12
The utility of an additional unit of a product is
Question # 13
A ______ is something which is measurable and can take on different values
Question # 14
Total utility is maximised when.
Question # 15
______ is a science which is concerned with the collection, presentation, and interpretation of numerical data
Question # 16
How many kinds of data?
Question # 17
How many kinds of Function
Question # 18
The relationship between two variables that move in the same direction is called
Question # 19
According to law of diminishing marginal utilities , a consumer maximises his total utility where.
Question # 20
One of the following is not an exception to 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 -
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 | 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 | Total utility is maximised when. |
A. Marginal utility is zero
B. Marginal utility falls
C. Marginal utility rises
D. Non of the above
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| 3 | 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
|
| 4 | Variable are represented by symbol |
A. V
B. U
C. P
D. C
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| 5 | The first law of consumption was presented by. |
A. Robert Malthus
B. Loinel Robbins
C. Alfred Marshall
D. Pareto
|
| 6 | To show data in tables, we must first |
A. reduce data
B. expand data
C. classify data
D. all of the above
|
| 7 | A bridge will be a |
A. Private good
B. Capital goods
C. Consumer good
D. Personal good
|
| 8 | 3x2=0 is an equation |
A. linear
B. quadratic
C. general
D. first degree
|
| 9 | Initial utility of a product is : |
A. Highest
B. Lowest
C. Conatant
D. None of them
|
| 10 | This is a tool in economic studies |
A. market
B. price
C. firm
D. functional relation
|
Test Questions
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