11th class Economics chapter 3 online mcq test with answers for ICS part 1 Economics chapter 3 (Some Mathematical and Statistical Concepts)

Economics Ics Part 1 English Medium Chapter 3 Online Test

Sr. #	Questions	Answers Choice
1	One of the following will not be an assumption of the law of diminishing marginal utility.	Nature of the product should not changed Mental condition of the consumer Income of the consumer should not changed None of the three
2	The talent of a professor is .	National wealth International wealth Personal wealth Non of them
3	A bridge will be a	Private good Capital goods Consumer good Personal good
4	When marginal utility of a product is zero its total utility will be.	Increase Decreasing Maximum Constant
5	Who introduced indifference curves to explain consumer's beghavior	J.R Hicks Marshall Robbins Adam Smith
6	A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is.	Negatively slop curve An indifference curve Positively sloped Curve None of the above
7	One of the following is not an exception to the law of diminishing marginal utility .	Money Knowledge Music Non of them
8	The utility of an additional unit of a product is	Law of demand Law of substitution Law of supply Law of diminishing marginal utility
9	Law of equi marginal utility provides basis for.	Equal distribution of wealth Economy in taxation Law of diminishing returns Law of constant returns
10	Initial utility of a product is :	Highest Lowest Conatant None of them