ICS Part 1 Economics Chapter 7 MCQs Test

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First Year Economics Chapter 7 Online MCQ Test for 1st Year Economics Chapter 7 (Production and Production Function)

This online test contains MCQs about following topics:

Economics Ics Part 1 English Medium Chapter 7 Online Test

Try the Economics Ics Part 1 English Medium Chapter 7 Online Test.

  • Total Questions20

  • Time Allowed30

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Factors of production - Production Function

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 7 Online Test (MCQs With Answers)

Sr. # Questions Answers Choice
1 The transformation of resources into economic gods and services is input production entrepreneur market
2 The supply of perishable goods is. Elastic Inelastic Perfectly elastic None of the above
3 When supply rises more than demand price of the product will. Rise Fall Remain unchanged Non of the three
4 Economic development of a country requires skilled lobour diplomacy abundant natural resources a and c of aboce
5 The transformation of resources into economic goods and services is called technical efficiency input production increasing returns
6 Long-run price of a durable good is always less than its short run price . it is because. Long -run supply is more elastic than short-run supply curve. Long -run supply is less elastic than short-run supply curve. Long and short-run supply curves are equally elastic None of the three
7 Labour is hirable but you cannot hire capital land manager entrepreneur
8 Land is hirable not hirable homogeneous a form of capital
9 Standard of living of a country can be raised if it increases labour force production money supply exports
10 The following is <i>NOT</i>a factor of production labour entrepreneurship land money
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