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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
To show data in tables, we must first
Question # 2
Who introduced indifference curves to explain consumer's beghavior
Question # 3
A statement of how one variable affects other variable is
Question # 4
According to law of diminishing marginal utilities , a consumer maximises his total utility where.
Question # 5
if X and Y scales are the same a line making 45-degree angle with X-axis has slope
Question # 6
How many kinds of Function
Question # 7
Marginal utility of a product is the utility obtained by consuming.
Question # 8
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 # 9
Variable are represented by symbol
Question # 10
According to law of equi-marginal utility a consumer will maximises his total utility when
Question # 11
A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is.
Question # 12
Initial utility of a product is :
Question # 13
Law of equi marginal utility provides basis for.
Question # 14
The relationship between two variables that move in the same direction is called
Question # 15
How many kinds of data?
Question # 16
When the classify data on the basis of income there will be
Question # 17
A bridge will be a
Question # 18
Total utility is maximised when.
Question # 19
How many Kinds of variables?
Question # 20
How many kinds of equations?
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 | Constant are represented by symbol |
A. C
B. V
C. P
D. U
|
| 2 | 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.
|
| 3 | Total utility is maximised when. |
A. Marginal utility is zero
B. Marginal utility falls
C. Marginal utility rises
D. Non of the above
|
| 4 | How many kinds of data? |
A. 2
B. 3
C. 4
D. 5
|
| 5 | One of the following is not an exception to the law of diminishing marginal utility . |
A. Money
B. Knowledge
C. Music
D. Non of them
|
| 6 | 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
|
| 7 | Variable are represented by symbol |
A. V
B. U
C. P
D. C
|
| 8 | 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)
|
| 9 | 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
|
| 10 | According to law of diminishing marginal utilities , a consumer maximises his total utility where. |
A. MUa = MPa
B. MUa = AUa
C. MUa = TCa
D. MUa = Pa
|
Test Questions