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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
The three broad types of productive resources are
Question # 2
When supply rises more than demand price of the product will.
Question # 3
Land is
Question # 4
Economic development of a country requires
Question # 5
The transformation of resources into economic gods and services is
Question # 6
Land, labour and capital are needed to produce goods. They are collectively called
Question # 7
Production in economic means
Question # 8
An example of natural resource is
Question # 9
Given the demand curve, a rise in supply will.
Question # 10
Which of the following input factor takes risk, innovates and coordinates
Question # 11
Equilibrium price of a product is determined by:
Question # 12
The supply of perishable goods is.
Question # 13
Which of the following is NOT an input
Question # 14
The following is NOTa factor of production
Question # 15
Price determined in case of a perishable good will be.
Question # 16
Labour is hirable but you cannot hire
Question # 17
The transformation of resources into economic goods and services is called
Question # 18
If the government supplies a product at a price less than the equilibrium price, it will create:
Question # 19
Land as used in economics
Question # 20
For production of goods we need factors
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.