ICS Part 1 Economics English Medium Chapter 4 Online Short Questions Test with Answers

Online Short Questions For Chapter 4 "ICS Part 1 Economics English Medium Chapter 4 Short Questions Test "

Try The Short Questions For ICS Part 1 Economics English Medium Chapter 4 Short Questions Test

  • Total Questions10

  • Available Sets2

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Economics - ICS Part 1 Economics English Medium Chapter 4 Short Questions Test

Question # 1

What is income effect.

  • Ans 1: When price decrease, purchasing powere of people so the can buy more with the same amount of moneth this called income effect
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Prepare Complete Set Wise Questions For Chapter 4 "ICS Part 1 Economics English Medium Chapter 4 Short Questions Test "

ICS Part 1 Economics English Medium Chapter 4 Short Questions Test - Set 1

Question # 1

What is income effect.

  • Ans 1: When price decrease, purchasing powere of people so the can buy more with the same amount of moneth this called income effect
Submit

ICS Part 1 Economics English Medium Chapter 4 Short Questions Test - Set 2

Question # 1

Define income elasticity of demand.

  • Ans 1: "Income elasticity demand is the rate of responsiveness of demand to chagnes in the income of the consumer.
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Economics
4th Chapter

ICS Part 1 Economics Short Questions Test

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