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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
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 # 2
This is an assumption of law of demand
Question # 3
Irrespecitve of price, Somia always spends Rs. 100 a week on ice cream, we conculde that
Question # 4
If quantity demanded is completely unresponsive to changes in price, demand is
Question # 5
When the price of a product falls and as a concequence the demand for the product increase. it will be.
Question # 6
The demand of a good falls when.
Question # 7
The law of demand will not be apply in case of
Question # 8
Market demand curve is a summation of all individual demand curves as
Question # 9
To say that two goods are unrelated, their cross price elasticity of demand should be
Question # 10
Normally a demand curve will have the shape
Question # 11
This is the assumption of law of demand
Question # 12
Price of a product falls by 10% and its demand rises by 30%. The elasticity of demand is
Question # 13
If demand is unitary elastic, a 25% increase in price will result in
Question # 14
Demand is a function of
Question # 15
A horizontal demand curve has a price elasticity of
Question # 16
If price and total revenue move in the same direction, then demand is
Question # 17
Which one is not determinant of demand
Question # 18
Law of demand shows relation between
Question # 19
If demand is inelastic, a change in the price
Question # 20
Price elastic of demand measures
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.