11th Class Principles of Economics MCQS Part I: Factors of Production Online Test 1

3-cp-3-e-according-to-adam-smith-2-c-economics-is-the-study-of-3-a-3-c-2-fp-3-e_-_3-cp-3-ewealth-3-c-2-fp-3-e,3-cp-3-e-according-to-which-economist-2-c-some-factors-are-indivisible-3-f-3-c-2-fp-3-e_-_3-cp-3-e-hobson-3-c-2-fp-3-e,3-cp-3-e-cause-of-shifting-of-supply-curve-is-3-a-3-c-2-fp-3-e_-_3-cp-3-eother-factors-3-c-2-fp-3-e,3-cp-3-e-consumer-goods-are-those-goods-which-the-consumers-consume-3-a-3-c-2-fp-3-e_-_3-cp-3-edirectly-3-c-2-fp-3-e,3-cp-3-e-do-not-acting-upon-economics-laws-3-a-3-c-2-fp-3-e_-_3-cp-3-eonly-people-not-acting-2-c-suffers-loss-3-c-2-fp-3-e,3-cp-3-e-elasticity-of-demand-for-luxuries-is-3-a-3-c-2-fp-3-e_-_3-cp-3-e-more-than-unit-3-c-2-fp-3-e,3-cp-3-e-equilibrium-level-of-national-income-means-that-point-where-3-a-3-c-2-fp-3-e_-_3-cp-3-e-saving-3-d-investment-3-c-2-fp-3-e,3-cp-3-e-in-economics-2-c-by-demand-for-a-commodity-means-3-a-3-c-2-fp-3-e_-_3-cp-3-eto-have-power-and-desire-to-buy-a-commodity-3-c-2-fp-3-e,3-cp-3-e-in-short-run-2-c-fixed-cost-curve-has-the-tendency-3-a-3-c-2-fp-3-e_-_3-cp-3-e-parallel-to-ox-axis-3-c-2-fp-3-e,3-cp-3-e-increase-in-demand-for-commodity-due-to-decrease-in-its-price-is-called-3-a-3-c-2-fp-3-e_-_3-cp-3-e-extension-of-demand-3-c-2-fp-3-e,3-cp-3-e-marginal-production-is-denoted-by-3-a-3-c-2-fp-3-e_-_3-cp-3-emp-3-c-2-fp-3-e,3-cp-3-e-marginal-revenue-product-is-the-amount-of-money-attained-by-selling-3-a-3-c-2-fp-3-e_-_3-cp-3-e-marginal-product-3-c-2-fp-3-e,3-cp-3-e-net-national-product-is-found-by-3-a-3-c-2-fp-3-e_-_3-cp-3-e-gross-national-product-less-depreciation-allowance-3-c-2-fp-3-e,3-cp-3-e-one-of-the-following-is-not-called-land-3-a-3-c-2-fp-3-e_-_3-cp-3-e-supply-of-land-is-unlimited-3-c-2-fp-3-e,3-cp-3-e-other-name-of-law-of-equi-marginal-utility-is-3-a-3-c-2-fp-3-e_-_3-cp-3-e-law-of-diminishing-marginal-utility-3-c-2-fp-3-e,3-cp-3-e-rise-of-supply-can-be-shown-with-the-help-of-3-a-3-c-2-fp-3-e_-_3-cp-3-emore-than-one-supply-curve-3-c-2-fp-3-e,3-cp-3-e-rivers-2-c-oceans-2-c-forests-2-c-rain-are-called-3-a-3-c-2-fp-3-e_-_3-cp-3-eland-3-c-2-fp-3-e,3-cp-3-e-slope-of-marginal-utility-curve-is-3-a-3-c-2-fp-3-e_-_3-cp-3-enegative-3-c-2-fp-3-e,3-cp-3-e-the-entry-in-firms-in-monopoly-is-3-a-3-c-2-fp-3-e_-_3-cp-3-ewith-the-permission-of-govt-3-c-2-fp-3-e,3-cp-3-e-the-number-of-laws-of-costs-is-3-a-3-c-2-fp-3-e_-_3-cp-3-e-three-3-c-2-fp-3-e,rivers-2-c-oceans-2-c-forests-2-c-rain-are-called-3-a_-_land,tractor-2-c-harvester-2-c-thrasher-etc-are-the-example-of-factor-of-production-3-a_-_capital,which-factor-has-no-pre-determined-reward-3-a_-_organization,which-factor-of-production-is-result-of-human-struggle-3-a_-_capital,which-one-of-the-following-is-capital-3-a_-_factory