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Economics Ics Part 1 English Medium Chapter 5 Online Test
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Chapter 5 Online Test
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Question # 1
Elasticity of demand in case of minor change in price and quantity demand will be .
Question # 2
In case of perfectly elastic demand curve, the demand curve will be parallel to the :
Question # 3
If a change in demand is brought by a change in income, of demand will be.
Question # 4
With a fall in price quantity demand changes in such a way that total expenditure of the consumer remain constant, elasticity of demand will be.
Question # 5
What best explains a shift in market supply curve to the right?
Question # 6
A schedule of the amount of a good that would be offered for sale at all possible prices, at any one instant of time or during any period of time are called
Question # 7
If price changes by one % and supply changes by 2% then supply is
Question # 8
Which of the following shifts supply curve of cars to the right
Question # 9
With a fall in the price of a Giffen good or inferior good its quantity demand will.
Question # 10
It describes the law of supply
Question # 11
The elasticity of demand for a product is less than unity. Therefore, with a fall in its price, total expenditure of consumer will.
Question # 12
The method to measure the elasticity of demand by the unitary method was introduced by.
Question # 13
If a firm makes 200 units of a good available at a price of Rs. 10 per unit, the elasticity is
Question # 14
Long period supply curve is
Question # 15
The method to measure the elasticity of demand is :
Question # 16
The quantities of a commodity offered for sale at different prices during a given period of time are called
Question # 17
The total quantity of a commodity available in or near the market which can be brought for sale at a short notice
Question # 18
Supply curve
Question # 19
In May 2012, firm was supplying 1000 kg of sugar at market price of Rs. 60/- per kg. During June 2012, firm's supply of sugar had decreased to 900 kg at price Rs. 40/- per kg. These changes show that supply of sugar is
Question # 20
When the percentage change in quantity demanded is greater than the percentage change in price, elasticity of demand for the product will be.
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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.