11th Principle of Economics Chapter 5 Test

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First Year Principles of Economics Chapter 5 Online MCQ Test for 1st Year Principles of Economics Chapter 5 (Laws of Return)

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Principles of Economics Icom Part 1 English Medium Chapter 5 Online Test

Try the Principles of Economics Icom Part 1 English Medium Chapter 5 Online Test.

  • Total Questions15

  • Time Allowed20

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. Analysis of firms output . Laws of return . Law of increasing return . Application of law of increasing return . Law of constant return . Law of diminishing return . Laws of costs . Allpication of law of deminishing return

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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

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Principles of Economics Icom Part 1 English Medium Chapter 5 Online Test (MCQs With Answers)

Sr. # Questions Answers Choice
1 In production process when marginal product increases with the increase in units of variable factors along with fixed factor, this tendency in economics is called Law of production Law of increasing return Law of decreasing return Law of constant return
2 When marginal product remains positive, total product Goes on decreasing Goes in increasing Becomes negative Does not change
3 When demand and supply rise in equal propoertion, the equilibrium price will: Fall Rise Constant None of those
4 Supply is Fixed of: Perishable goods Free goods Durable goods Substitute goods
5 In a production process, when units of variable factors along with fixed factor of production are increased marginal cost goes on falling, this tendency in economics is called Law of decreasing cost Law of increasing cost Law of constant cost Law of decreasing return
6 Change in total production is called Marginal production Zero production Total production Average production
7 Equilibrium price is determined in. Perfect market Imperfect market Monopoly None of these
8 The number of laws of cost are One Two Three Four
9 Equilibrium price is determined where: D = S D > S D < S Both (b) and (c)
10 According to classical economics, production process is under laws Two Three Four Five