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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
Law of equi marginal utility provides basis for.
Question # 2
According to law of diminishing marginal utilities , a consumer maximises his total utility where.
Question # 3
To show data in tables, we must first
Question # 4
When the classify data on the basis of income there will be
Question # 5
A ______ is something which is measurable and can take on different values
Question # 6
One of the following is not an exception to the law of diminishing marginal utility .
Question # 7
One of the following will not be an assumption of the law of diminishing marginal utility.
Question # 8
Which is the general form of quadratic equation
Question # 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
Question # 10
A statement of how one variable affects other variable is
Question # 11
Constant are represented by symbol
Question # 12
3x2=0 is an equation
Question # 13
if X and Y scales are the same a line making 45-degree angle with X-axis has slope
Question # 14
Marginal utility of a product is the utility obtained by consuming.
Question # 15
How many Kinds of variables?
Question # 16
If we plot the equation y = 20 +3x, its slope is
Question # 17
Initial utility of a product is :
Question # 18
This is a tool in economic studies
Question # 19
Who introduced indifference curves to explain consumer's beghavior
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 | 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
|
| 2 | A statement of how one variable affects other variable is |
A. a quadrant
B. a variable
C. an assumption
D. a functional relationship
|
| 3 | 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
|
| 4 | 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
|
| 5 | To show data in tables, we must first |
A. reduce data
B. expand data
C. classify data
D. all of the above
|
| 6 | 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
|
| 7 | 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
|
| 8 | Constant are represented by symbol |
A. C
B. V
C. P
D. U
|
| 9 | A ______ is something which is measurable and can take on different values |
A. Variable
B. Constant
C. Both a and b
D. None of these
|
| 10 | ______ is a science which is concerned with the collection, presentation, and interpretation of numerical data |
A. Statistics
B. Economics analysis
C. Function
D. None of these
|
Test Questions
