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

How A.L.Meyers elasticity demand.

  • Ans 1: A.L.Meyers defines elasticity in the following word. " The elasticity of demand is a measure of relative change in amount purchased in response to a relative change in price of givne demand curve.
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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

How A.L.Meyers elasticity demand.

  • Ans 1: A.L.Meyers defines elasticity in the following word. " The elasticity of demand is a measure of relative change in amount purchased in response to a relative change in price of givne demand curve.
Submit

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

Question # 1

What is cross elasticity

  • Ans 1: When two products are substituttes, the price of one good and the demand for the other good are directly related . When two commodities are complement the P of one good and the Qd of the other are inversesely related .
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Economics
4th Chapter

ICS Part 1 Economics Short Questions Test

Here you can prepare ICS Part 1 Economics English Medium Chapter 4. Click the button for 100% free full practice test.

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