Principles of Economics Icom Part 1 English Medium Chapter 8 Online Test With Answers

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Principles of Economics Icom Part 1 English Medium Chapter 8 Online Test

Sr. # Questions Answers Choice
1 Marginal revenue product curve is called Demand curve of the firm Supply curve of the firm Demand curve of the industry Supply curve of industry
2 According to which economist, some factors are indivisble Adam Smith Marshall Davenport Hobson
3 According to which economist, it is difficult to find marginal product Robbins and Keynes Marshall and pigou Adam Smith and Mathuls Taussing and Davenport
4 According to which theory every factor of production gets the reward of its services equal to its marginal product Demand and supply theory Liquidity preference theory Marginal productivity theory Uncertainty theory
5 Marginal productivity theory was presented by Adam Smith and Malthus Marshall and J.B Clark Robbins and Keyness Pigou and Cannon
6 MPP stand is Marginal price product Marginal Physical Product Marginal Physical Price Marginal Perfect Price
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