Economics Ics Part 1 English Medium Chapter 3 Online Test

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  • Available questions38
  • Chapter Name3
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Economics Ics Part 1 English Medium Chapter 3 Online Test

  • Total Questions20

  • Time Allowed30

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Economics Ics Part 1 English Medium Chapter 3 Online Test

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Question # 1

Law of equi marginal utility provides basis for.

Question # 2

The utility of an additional unit of a product is

Question # 3

Initial utility of a product is :

Question # 4

The talent of a professor is .

Question # 5

To measure changes in purchasing power of money, we use

Question # 6

Law of equimarginal utility is also called.

Question # 7

A statement of how one variable affects other variable is

Question # 8

How many kinds of Function

Question # 9

______ is a science which is concerned with the collection, presentation, and interpretation of numerical data

Question # 10

In mathematics which letters at the end of alphabet are used to represent variables

Question # 11

Constant are represented by symbol

Question # 12

The relationship between two variables that move in the same direction is called

Question # 13

Law of diminishing marginal utility provides basis for:

Question # 14

A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is.

Question # 15

One of the following will not be an assumption of the law of diminishing marginal utility.

Question # 16

Variable are represented by symbol

Question # 17

According to law of equi-marginal utility a consumer will maximises his total utility when

Question # 18

One of the following is not an exception to the law of diminishing marginal utility .

Question # 19

This is a tool in economic studies

Question # 20

Who introduced indifference curves to explain consumer's beghavior

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