3rd Chapter

## First Year Economics Chapter 3 Online MCQ Test for 1st Year Economics Chapter 3 (Some Mathematical and Statistical Concepts)

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

#### ICS Part 1 Economics Chapter 3 Test

Start Chapter 3 Test

### First Year Economics Chapter 3 Online MCQ Test for 1st Year Economics Chapter 3 (Some Mathematical and Statistical Concepts)

1 When the classify data on the basis of income there will be
• A. class intervals
• B. class numbers
• C. groups
• D. sections
2 How many kinds of equations?
• A. 4
• B. 3
• C. 2
• D. 5
3 A bridge will be a
• A. Private good
• B. Capital goods
• C. Consumer good
• D. Personal good
4 ______ 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
5 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
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 To show data in tables, we must first
• A. reduce data
• B. expand data
• C. classify data
• D. all of the above
8 One of the following will not be an assumption of the law of diminishing marginal utility.
• A. Nature of the product should not changed
• B. Mental condition of the consumer
• C. Income of the consumer should not changed
• D. None of the three
9 The talent of a professor is .
• A. National wealth
• B. International wealth
• C. Personal wealth
• D. Non of them
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
• A. Prof. Kooros
• B. Prof. Marshall
• C. Prof. Rabbins
• D. Prof. Kneez

### Top Scorers of Economics Ics Part 1 English Medium Chapter 3 Online Test

L

Lahore25 - Jul - 2024

19/20
05 Mins 29 Sec
L

Lahore25 - Jul - 2024

18/20
03 Mins 13 Sec
E

#### Eman

Lahore19 - Jul - 2024

15/20
02 Mins 56 Sec
F

#### Faiqa Shahid

Lahore20 - Jul - 2024

14/20
03 Mins 21 Sec

Sort By:
X

to continue to ilmkidunya.com

Fill the form. Our admission consultants will call you with admission options.

X

to continue to ilmkidunya.com

X

to continue to ilmkidunya.com

X