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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
A statement of how one variable affects other variable is
Question # 2
Variable are represented by symbol
Question # 3
Law of equimarginal utility is also called.
Question # 4
One of the following will not be an assumption of the law of diminishing marginal utility.
Question # 5
In mathematics which letters at the end of alphabet are used to represent variables
Question # 6
How many Kinds of variables?
Question # 7
The talent of a professor is .
Question # 8
Law of equi marginal utility provides basis for.
Question # 9
The first law of consumption was presented by.
Question # 10
When marginal utility of a product is zero its total utility will be.
Question # 11
The relationship between two variables that move in the same direction is called
Question # 12
According to law of equi-marginal utility a consumer will maximises his total utility when
Question # 13
Which is the general form of quadratic equation
Question # 14
______ is a science which is concerned with the collection, presentation, and interpretation of numerical data
Question # 15
To show data in tables, we must first
Question # 16
The maintain social status in life, a person requires.
Question # 17
A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is.
Question # 18
Marginal utility of a product is the utility obtained by consuming.
Question # 19
if X and Y scales are the same a line making 45-degree angle with X-axis has slope
Question # 20
If we plot the equation y = 20 +3x, its slope 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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R Reta Rossie 29 - Apr - 2024 00 Min 04 Sec 20/20 -
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 | The first law of consumption was presented by. |
A. Robert Malthus
B. Loinel Robbins
C. Alfred Marshall
D. Pareto
|
| 2 | Total utility is maximised when. |
A. Marginal utility is zero
B. Marginal utility falls
C. Marginal utility rises
D. Non of the above
|
| 3 | 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
|
| 4 | 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
|
| 5 | 3x2=0 is an equation |
A. linear
B. quadratic
C. general
D. first degree
|
| 6 | 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
|
| 7 | In mathematics which letters at the end of alphabet are used to represent variables |
A. (u,v,w,x,y,z)
B. (a,b.c.d.e.f.g)
C. (a.b.c.u.v.w)
D. ((x,y,z,a,b,c)
|
| 8 | To measure changes in purchasing power of money, we use |
A. percentages
B. index numbers
C. averages
D. variables
|
| 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 |
A. Prof. Kooros
B. Prof. Marshall
C. Prof. Rabbins
D. Prof. Kneez
|
| 10 | 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
|
Test Questions
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