ICS Part 1 Economics Chapter 12 MCQs Test

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First Year Economics Chapter 12 Online MCQ Test for 1st Year Economics Chapter 12 (Market and Revenue Analysis)

This online test contains MCQs about following topics:

Economics Ics Part 1 English Medium Chapter 12 Online Test

Try the Economics Ics Part 1 English Medium Chapter 12 Online Test.

  • Total Questions20

  • Time Allowed30

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Kind of markets . Perfect and imperfect market . Perfect competition . Monopolu . Revenue curves

ClassName Chapter Wise Test

Here is List Of ClassName Chapter Wise Tests

Ch. # Test Name MCQs Available PDF File Answers Mode Launch Test
1 Economics Ics Part 1 English Medium Online Test 662 Download PDF MCQ Answers Launch Test
1 Economics Ics Part 1 English Medium Chapter 1 Online Test 66 Download PDF MCQ Answers Launch Test
2 Economics Ics Part 1 English Medium Chapter 2 Online Test 37 Download PDF MCQ Answers Launch Test
3 Economics Ics Part 1 English Medium Chapter 3 Online Test 38 Download PDF MCQ Answers Launch Test
4 Economics Ics Part 1 English Medium Chapter 4 Online Test 46 Download PDF MCQ Answers Launch Test
5 Economics Ics Part 1 English Medium Chapter 5 Online Test 41 Download PDF MCQ Answers Launch Test
6 Economics Ics Part 1 English Medium Chapter 6 Online Test 32 Download PDF MCQ Answers Launch Test
7 Economics Ics Part 1 English Medium Chapter 7 Online Test 36 Download PDF MCQ Answers Launch Test
8 Economics Ics Part 1 English Medium Chapter 8 Online Test 31 Download PDF MCQ Answers Launch Test
9 Economics Ics Part 1 English Medium Chapter 9 Online Test 24 Download PDF MCQ Answers Launch Test
10 Economics Ics Part 1 English Medium Chapter 10 Online Test 51 Download PDF MCQ Answers Launch Test
11 Economics Ics Part 1 English Medium Chapter 11 Online Test 40 Download PDF MCQ Answers Launch Test
12 Economics Ics Part 1 English Medium Chapter 12 Online Test 39 Download PDF MCQ Answers Launch Test

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Economics Ics Part 1 English Medium Chapter 12 Online Test (MCQs With Answers)

Sr. # Questions Answers Choice
1 Extent of market mainly depends upon. Availability of means of transport and communication Nature of supply Government restriction Perishable goods
2 The market of refrigerators in general is called: Domestic market Local market International market National market
3 Malaysia enjoys monopoly on rubber, but which kind of monopoluit is. Natural monopoly Social monopoly Legal monopoly Implied monopoly
4 A monopolist is always interested and obtains. Normal profit Subnormal profit Continues production even at loss Super normal profit
5 In the business world a firm working under perfect competition wants to become a monopoly a firm working under monopoly wants to become a competitive firm monopoly price is always higher than competitive price competitive price is always higher than monopoly price
6 Market is an area where : Products are sold Buyers and sellers come in contact with each other Price flactuates Price remain constant
7 The market of cars is. International market Regional market Local market Domestic market
8 Which one of the following is a day to day market. The market of perishable goods The market of refrigerators The market of stationary None of the three
9 A mechanism, or arrangement, which brings together buyers together buyers and sellers of particular goods or services are called Market Revenue curve Contact None of these
10 In case of perfect competition in the market marginal revenue curve always slopes upward marginal revenue curve always slopes downward marginal revenue is always equal to average revenue marginal revenue is always less than to average revenue
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