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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
The maintain social status in life, a person requires.
Question # 2
Who introduced indifference curves to explain consumer's beghavior
Question # 3
To show data in tables, we must first
Question # 4
Law of diminishing marginal utility provides basis for:
Question # 5
According to law of diminishing marginal utilities , a consumer maximises his total utility where.
Question # 6
A ______ is something which is measurable and can take on different values
Question # 7
______ is a science which is concerned with the collection, presentation, and interpretation of numerical data
Question # 8
Constant are represented by symbol
Question # 9
How many kinds of Function
Question # 10
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 # 11
How many kinds of data?
Question # 12
A bridge will be a
Question # 13
How many Kinds of variables?
Question # 14
Marginal utility of a product is the utility obtained by consuming.
Question # 15
3x2=0 is an equation
Question # 16
The utility of an additional unit of a product is
Question # 17
if X and Y scales are the same a line making 45-degree angle with X-axis has slope
Question # 18
Law of equimarginal utility is also called.
Question # 19
One of the following is not an exception to the law of diminishing marginal utility .
Question # 20
When marginal utility of a product is zero its total utility will be.
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 -
M Minahil Kashif 06 - May - 2026 02 Min 03 Sec 18/20 -
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
ICS Part 1 Economics Chapter 3 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | How many kinds of equations? |
A. 4
B. 3
C. 2
D. 5
|
| 2 | 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
|
| 3 | Constant are represented by symbol |
A. C
B. V
C. P
D. U
|
| 4 | 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
|
| 5 | Variable are represented by symbol |
A. V
B. U
C. P
D. C
|
| 6 | Law of equimarginal utility is also called. |
A. Law of substitution
B. Law of maximum social benefits
C. Law of economy
D. Law of maximum satisfaction
|
| 7 | 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.
|
| 8 | 3x2=0 is an equation |
A. linear
B. quadratic
C. general
D. first degree
|
| 9 | If we plot the equation y = 20 +3x, its slope is |
A. 20
B. 3
C. 20/3
D. Indeterminate
|
| 10 | The maintain social status in life, a person requires. |
A. Bare necessities of life
B. Comforts of life
C. Luxuries of life
D. All of them
|
Test Questions
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