First Year Economics Chapter 4 Online MCQ Test for 1st Year Economics Chapter 4 (Demand)

This online test contains MCQs about following topics:

Demand, Law of demand,Shift in Demand Curve Rise and Fall of demand ,Elasticity of demand,Measurement of elasticity ,Point Elasticity ,Arc Elasticity ,Cross Elasticity,Practical Importance of Elasticity ,Income Elasticity,Cross Elasticity,Practical Importance of Elasticity, Functional Equationof Demand

ICS Part 1 Economics Chapter 4 Test

Start Chapter 4 Test

MCQ's Test For Chapter 4 "Economics Ics Part 1 English Medium Chapter 4 Online Test"

Try The MCQ's Test For Chapter 4 "Economics Ics Part 1 English Medium Chapter 4 Online Test"

  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 4 Online Test

00:00
Question # 1

Which one is not determinant of demand

Question # 2

Normally a demand curve will have the shape

Question # 3

When the demand of a product rises due to factors except price it will be.

Question # 4

Haris has a special taste for chicken rolls of college canteen. The owner of the canteen doubles the price of chicken roll. Haris did not respond to the increase in prices and kept on demanding the same quantity of chicken roll. His demand for chicken roll is

Question # 5

Cross elasticity of Suzuki and Honda cars will be

Question # 6

Irrespecitve of price, Somia always spends Rs. 100 a week on ice cream, we conculde that

Question # 7

The demand of a good falls when.

Question # 8

If demand is inelastic, a change in the price

Question # 9

Market demand curve is a summation of all individual demand curves as

Question # 10

The demand of a will expand when:

Question # 11

Price and demand are positively correlated in case of

Question # 12

The demand curve slopes downward from left to right because of:

Question # 13

If quantity demanded is completely unresponsive to changes in price, demand is

Question # 14

When price elasticity of demand for normal goods in calculated, the value is always

Question # 15

A seller can increase his sales revenue by charging a lower price, if the demand has

Question # 16

If price elasticity of demand is very low, the commodity is

Question # 17

Which one can cause a change in demand

Question # 18

Which one is the assumption of law of demand?

Question # 19

To say that two goods are unrelated, their cross price elasticity of demand should be

Question # 20

If elasticity of demand is very low it shows that the commodity is

Prepare Complete Set Wise Chapter 4 "Economics Ics Part 1 English Medium Chapter 4 Online Test" MCQs Online With Answers


4th Chapter

ICS Part 1 Economics Chapter 4 MCQs Test

Top Scorers Of Chapter 4 "Economics Ics Part 1 English Medium Chapter 4 Online Test" MCQ`s Test

  • A
    Anum Fatima 19 - Jun - 2023 00 Min 06 Sec 20/20
  • L
    Laiba Muqaddas 26 - Jul - 2024 00 Min 56 Sec 20/20
  • A
    Ali Hassan 10 - Sep - 2022 02 Min 54 Sec 20/20
  • M
    M.Attiq-U-Rehman 24 - Nov - 2023 04 Min 07 Sec 17/20
  • H
    hafsa Mumtaz 10 - May - 2024 00 Min 15 Sec 16/20
  • M
    moheen ul haq 03 - Aug - 2022 04 Min 35 Sec 15/20
  • T
    Tazmeen Afaq 08 - Aug - 2023 06 Min 26 Sec 14/20
  • Z
    Zaina Ch 10 - May - 2024 01 Min 48 Sec 13/20
  • A
    Asim Khan wazir 06 - May - 2024 05 Min 01 Sec 13/20
  • H
    Hanif Wazir 30 - May - 2022 05 Min 12 Sec 13/20
  • P
    Prerna Sahu 13 - Dec - 2021 08 Min 45 Sec 13/20
  • F
    Fatima Romel 20 - Mar - 2023 10 Min 04 Sec 13/20
  • Z
    zainab nouman 16 - Apr - 2024 04 Min 48 Sec 12/20
  • H
    hamza abid 16 - May - 2022 10 Min 50 Sec 12/20
  • S
    Safa Kodvavi 12 - Dec - 2021 04 Min 21 Sec 11/20

Test Questions

Is this page helpful?