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Economics Ics Part 1 English Medium Chapter 4 Online Test
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Chapter 4 Online Test
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Question # 1
Price elastic of demand measures
Question # 2
A horizontal demand curve has a price elasticity of
Question # 3
Price and demand are positively correlated in case of
Question # 4
The demand of a commodity having many substitutes is
Question # 5
Mr. Suleri bought 50 litters of petrol when his monthly income was Rs. 25000. Now his monthly income has risen to Rs. 50000 and he purchases 100 litres of petrol. His income elasticity of demand for petrol is
Question # 6
The following are causes of shift in demand EXCEPT the one
Question # 7
Market demand curve is a summation of all individual demand curves as
Question # 8
When price elasticity of demand for normal goods in calculated, the value is always
Question # 9
Wit rapid economic growth in a country the individual demand curve will:
Question # 10
One of the following will not cause a rise and fall on demand.
Question # 11
This is the assumption of law of demand
Question # 12
Which of the following is a demand function?
Question # 13
Income elasticity of demand for normal good is always
Question # 14
If elasticity of demand is very low it shows that the commodity is
Question # 15
Normally a demand curve will have the shape
Question # 16
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 # 17
The demand curve is negatively sloped due to
Question # 18
When demand is perfectly inelastic, an increase in price will result in
Question # 19
The demand of a good falls when.
Question # 20
Which one is the assumption of law of demand?
Matric Part 2/10th Class English Chapter 1 MCQ Test With Answer for Chapter 1 Hazrat Muhammad (S.A.W) an Embodiment of Justice
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Biology Chapter 1 MCQ - PDF
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Download PDF with answers to study online or offline. The PDF cotnains all MCQ questions with answers for Class 10 Biology Chapter 1 - Acids and Liquids. Total questions are 12.
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