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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 statement of how one variable affects other variable is
Question # 2
The talent of a professor is .
Question # 3
Variable are represented by symbol
Question # 4
In mathematics which letters at the end of alphabet are used to represent variables
Question # 5
3x2=0 is an equation
Question # 6
Constant are represented by symbol
Question # 7
Law of equi marginal utility provides basis for.
Question # 8
To show data in tables, we must first
Question # 9
When marginal utility of a product is zero its total utility will be.
Question # 10
Marginal utility of a product is the utility obtained by consuming.
Question # 11
Law of diminishing marginal utility provides basis for:
Question # 12
A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is.
Question # 13
How many Kinds of variables?
Question # 14
Law of equimarginal utility is also called.
Question # 15
if X and Y scales are the same a line making 45-degree angle with X-axis has slope
Question # 16
Total utility is maximised when.
Question # 17
According to law of equi-marginal utility a consumer will maximises his total utility when
Question # 18
If we plot the equation y = 20 +3x, its slope is
Question # 19
A bridge will be a
Question # 20
How many kinds of Function
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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R Reta Rossie 29 - Apr - 2024 00 Min 04 Sec 20/20 -
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 Function |
A. 2
B. 3
C. 4
D. 5
|
| 2 | Total utility is maximised when. |
A. Marginal utility is zero
B. Marginal utility falls
C. Marginal utility rises
D. Non of the above
|
| 3 | According to law of equi-marginal utility a consumer will maximises his total utility when |
A. He spends all his income on the product only
B. He spends more on one and less on the other
C. Marginal utility of the two goods are equalised
D. Not only the marginals utility of the two goods are equalised, but also the marginal utility of each good is equal to its price.
|
| 4 | Variable are represented by symbol |
A. V
B. U
C. P
D. C
|
| 5 | How many kinds of data? |
A. 2
B. 3
C. 4
D. 5
|
| 6 | Constant are represented by symbol |
A. C
B. V
C. P
D. U
|
| 7 |
When marginal utility of a product is zero its total utility will be.
|
A. Increase
B. Decreasing
C. Maximum
D. Constant
|
| 8 | The relationship between two variables that move in the same direction is called |
A. neutral
B. positive
C. independent
D. dependent
|
| 9 | 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
|
| 10 | The utility of an additional unit of a product is |
A. Law of demand
B. Law of substitution
C. Law of supply
D. Law of diminishing marginal utility
|
Test Questions
