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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
When the price of a product falls and as a concequence the demand for the product increase. it will be.
Question # 2
When demand is perfectly inelastic, an increase in price will result in
Question # 3
The demand of a commodity having many substitutes is
Question # 4
When the demand of a product rises due to factors except price it will be.
Question # 5
Normally a demand curve will have the shape
Question # 6
This is the assumption of law of demand
Question # 7
A seller can increase his sales revenue by charging a lower price, if the demand has
Question # 8
Market demand curve is a summation of all individual demand curves as
Question # 9
Wit rapid economic growth in a country the individual demand curve will:
Question # 10
Other things equal, if a good has more substitutes, its price elasticty of demand is
Question # 11
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 # 12
If demand is unitary elastic, a 25% increase in price will result in
Question # 13
One of the following will not cause a rise and fall on demand.
Question # 14
The following are causes of shift in demand EXCEPT the one
Question # 15
Which one can cause a change in demand
Question # 16
Price and demand are positively correlated in case of
Question # 17
Which of the following is a demand function?
Question # 18
If quantity demanded is completely unresponsive to changes in price, demand is
Question # 19
The law of demand will not be apply in case of
Question # 20
When cross elasticity of demand for A and B is positive number, one can conclude that
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 - Answers Mode
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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.
