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

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"

  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 3 Online Test

00:00
Question # 1

3x2=0 is an equation

Question # 2

The talent of a professor is .

Question # 3

To show data in tables, we must first

Question # 4

Total utility is maximised when.

Question # 5

In mathematics which letters at the end of alphabet are used to represent variables

Question # 6

One of the following will not be an assumption of the law of diminishing marginal utility.

Question # 7

A bridge will be a

Question # 8

Variable are represented by symbol

Question # 9

When the classify data on the basis of income there will be

Question # 10

How many kinds of data?

Question # 11

A statement of how one variable affects other variable is

Question # 12

Marginal utility of a product is the utility obtained by consuming.

Question # 13

A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is.

Question # 14

To measure changes in purchasing power of money, we use

Question # 15

______ is a science which is concerned with the collection, presentation, and interpretation of numerical data

Question # 16

According to law of diminishing marginal utilities , a consumer maximises his total utility where.

Question # 17

How many kinds of Function

Question # 18

The relationship between two variables that move in the same direction is called

Question # 19

Law of equimarginal utility is also called.

Question # 20

This is a tool in economic studies

Prepare Complete Set Wise Chapter 3 "Economics Ics Part 1 English Medium Chapter 3 Online Test" MCQs Online With Answers


Topic Test

00:00
3rd Chapter

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

  • 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 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
2 Variable are represented by symbol
A. V
B. U
C. P
D. C
3 The talent of a professor is .
A. National wealth
B. International wealth
C. Personal wealth
D. Non of them
4 This is a tool in economic studies
A. market
B. price
C. firm
D. functional relation
5 Constant are represented by symbol
A. C
B. V
C. P
D. U
6 Initial utility of a product is :
A. Highest
B. Lowest
C. Conatant
D. None of them
7 Total utility is maximised when.
A. Marginal utility is zero
B. Marginal utility falls
C. Marginal utility rises
D. Non of the above
8 How many kinds of Function
A. 2
B. 3
C. 4
D. 5
9 ______ 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
10 The relationship between two variables that move in the same direction is called
A. neutral
B. positive
C. independent
D. dependent

Test Questions

Is this page helpful?