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Economics Ics Part 1 English Medium Chapter 7 Online Test
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Chapter 7 Online Test
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Question # 1
Production in economic means
Question # 2
Price determined in case of a perishable good will be.
Question # 3
Geographical mobility is not possible for
Question # 4
With a fixed in the market period, if the demand of a product rises, then:
Question # 5
Natural environment that supports production of goods and services is included in
Question # 6
Economic development of a country requires
Question # 7
If the government supplies a product at a price less than the equilibrium price, it will create:
Question # 8
Which of the following is NOT an input
Question # 9
Economic goods produced by firms are called
Question # 10
When both demand and supply fall in equal proportions, price of the product will .
Question # 11
The transformation of resources into economic goods and services is called
Question # 12
If a firm increases the ratio of capital to labour, it becomes more
Question # 13
Which of the following input factor takes risk, innovates and coordinates
Question # 14
Land means
Question # 15
Labour is hirable but you cannot hire
Question # 16
If supply rises more than demand, price of the product will.
Question # 17
Which is true
Question # 18
Which of the following factors takes risk, innovates and coordinates
Question # 19
Land, labour and capital are needed to produce goods. They are collectively called
Question # 20
The three broad types of productive resources are
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.
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