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First Year Principles of Economics Chapter 3 Online MCQ Test for 1st Year Principles of Economics Chapter 3 (Demand and Supply)
This online test contains MCQs about following topics:
Principles of Economics Icom Part 1 English Medium Chapter 3 Online Test
Try the Principles of Economics Icom Part 1 English Medium Chapter 3 Online Test.
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Total Questions15
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Time Allowed20
. Utility . Determinants of utility . Aspects of utility . Law of diminishing Marginal utility . Assunptions of law of diminishing marginal utility . Law of equi marginal utility . Limitations of law of equi marginal utility . Equilibrium of cosumer
ClassName Chapter Wise Test
Here is List Of ClassName Chapter Wise Tests
| Ch. # | Test Name | MCQs Available | PDF File | Answers Mode | Launch Test |
|---|---|---|---|---|---|
| 1 | Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test | 130 | Download PDF | MCQ Answers | Launch Test |
| 1 | Principles of Economics Icom Part 1 English Medium Online Test | 977 | Download PDF | MCQ Answers | Launch Test |
| 2 | Principles of Economics Icom Part 1 English Medium Chapter 2 Online Test | 68 | Download PDF | MCQ Answers | Launch Test |
| 3 | Principles of Economics Icom Part 1 English Medium Chapter 3 Online Test | 194 | Download PDF | MCQ Answers | Launch Test |
| 4 | Principles of Economics Icom Part 1 English Medium Chapter 4 Online Test | 46 | Download PDF | MCQ Answers | Launch Test |
| 5 | Principles of Economics Icom Part 1 English Medium Chapter 5 Online Test | 50 | Download PDF | MCQ Answers | Launch Test |
| 6 | Principles of Economics Icom Part 1 English Medium Chapter 6 Online Test | 64 | Download PDF | MCQ Answers | Launch Test |
| 7 | Principles of Economics Icom Part 1 English Medium Chapter 7 Online Test | 49 | Download PDF | MCQ Answers | Launch Test |
| 8 | Principles of Economics Icom Part 1 English Medium Chapter 8 Online Test | 36 | Download PDF | MCQ Answers | Launch Test |
| 9 | Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test | 67 | Download PDF | MCQ Answers | Launch Test |
| 10 | Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test | 85 | Download PDF | MCQ Answers | Launch Test |
| 11 | Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test | 46 | Download PDF | MCQ Answers | Launch Test |
| 12 | Principles of Economics Icom Part 1 English Medium Chapter 12 Online Test | 66 | Download PDF | MCQ Answers | Launch Test |
| 13 | Principles of Economics Icom Part 1 English Medium Chapter 13 Online Test | 76 | Download PDF | MCQ Answers | Launch Test |
Here you can prepare 11th Principle of Economics English Medium Chapter 3 Demand and Supply Test. Click the button for 100% free full practice test.
Top Scorers of Online MCQ Test for Biology Class 10
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Muhammad Hasan Ali 04 - Feb - 2024 01 Mins 04 Sec 12/12 -
Muhammad Hasan Ali 04 - Feb - 2024 01 Mins 04 Sec 12/12 -
Muhammad Hasan Ali 04 - Feb - 2024 01 Mins 04 Sec 12/12
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Muhammad Hasan Ali 04 - Feb - 2024 01 Mins 04 Sec 12/12
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Muhammad Hasan Ali 04 - Feb - 2024 01 Mins 04 Sec 12/12
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Muhammad Hasan Ali 04 - Feb - 2024 01 Mins 04 Sec 12/12
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Muhammad Hasan Ali 04 - Feb - 2024 01 Mins 04 Sec 12/12
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Muhammad Hasan Ali 04 - Feb - 2024 01 Mins 04 Sec 12/12
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Muhammad Hasan Ali 04 - Feb - 2024 01 Mins 04 Sec 12/12
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Muhammad Hasan Ali 04 - Feb - 2024 01 Mins 04 Sec 12/12
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Muhammad Hasan Ali 04 - Feb - 2024 01 Mins 04 Sec 12/12
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Muhammad Hasan Ali 04 - Feb - 2024 01 Mins 04 Sec 12/12
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Muhammad Hasan Ali 04 - Feb - 2024 01 Mins 04 Sec 12/12
Principles of Economics Icom Part 1 English Medium Chapter 3 Online Test (MCQs With Answers)
| Sr. # | Questions | Answers Choice |
|---|---|---|
| 1 | Exceptions, or limitations of law of demand have been stated by | Professor Marshall Professor Adam Smith Professor Benham Professor Robbins |
| 2 | If demand changes by more than 10% due to 10% change in price, then elasticity of demand is called | Equal to unity More than unity Less than unity Infinite |
| 3 | Equilibrium means | the condition that is not possible an unstable condition a condition that can change stable position |
| 4 | Desire + Purchasing power is equal to: | Demand Supply Income Utility |
| 5 | Unity method to measure elasticity of supply is presented by | Adam Smith Robbins Marshall Faruson |
| 6 | If demand falls more proportionately then that of supply then | Equilibrium price increases Equilibrium price decreases Equilibrium price does not change Equilibrium quantity increases |
| 7 | Finance minister in order to increase the public revenue imposes the tax on the commodities whose demand is more elastic | At low rate At high rate Some times decreases the rate and some times increases Does not change Tax rate |
| 8 | The goods which are jointly demanded are called: | Substitute goods Complimentary goods Alternative goods None of these |
| 9 | Unitary method for Elasticity of demand was presented by: | Marshall Keynes Robbins Adam smith |
| 10 | When supply curve shifts rightward or down it is called | Rise of supply Fall of supply Extension of supply Contraction of supply |
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