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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
if X and Y scales are the same a line making 45-degree angle with X-axis has slope
Question # 2
When marginal utility of a product is zero its total utility will be.
Question # 3
Law of equimarginal utility is also called.
Question # 4
This is a tool in economic studies
Question # 5
Which is the general form of quadratic equation
Question # 6
A statement of how one variable affects other variable is
Question # 7
Marginal utility of a product is the utility obtained by consuming.
Question # 8
Law of diminishing marginal utility provides basis for:
Question # 9
When the classify data on the basis of income there will be
Question # 10
According to law of diminishing marginal utilities , a consumer maximises his total utility where.
Question # 11
Law of equi marginal utility provides basis for.
Question # 12
Initial utility of a product is :
Question # 13
In mathematics which letters at the end of alphabet are used to represent variables
Question # 14
To show data in tables, we must first
Question # 15
If we plot the equation y = 20 +3x, its slope is
Question # 16
The first law of consumption was presented by.
Question # 17
One of the following will not be an assumption of the law of diminishing marginal utility.
Question # 18
How many kinds of Function
Question # 19
3x2=0 is an equation
Question # 20
The utility of an additional unit of a product is
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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Z Zafar Ali 22 - May - 2024 00 Min 16 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 | 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
|
| 2 | The relationship between two variables that move in the same direction is called |
A. neutral
B. positive
C. independent
D. dependent
|
| 3 |
When marginal utility of a product is zero its total utility will be.
|
A. Increase
B. Decreasing
C. Maximum
D. Constant
|
| 4 | The talent of a professor is . |
A. National wealth
B. International wealth
C. Personal wealth
D. Non of them
|
| 5 | A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is. |
A. Negatively slop curve
B. An indifference curve
C. Positively sloped Curve
D. None of the above
|
| 6 | 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
|
| 7 | 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
|
| 8 | 3x2=0 is an equation |
A. linear
B. quadratic
C. general
D. first degree
|
| 9 | Total utility is maximised when. |
A. Marginal utility is zero
B. Marginal utility falls
C. Marginal utility rises
D. Non of the above
|
| 10 | The first law of consumption was presented by. |
A. Robert Malthus
B. Loinel Robbins
C. Alfred Marshall
D. Pareto
|
Test Questions
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