Advertisement

Demand analysis objective Fill in the blanks Multiple choice Questions

Demand analysis

1. The demand for ___________ is highly inelastic.

perfumes

gold

medicines

diamond

2. The demand for salt is __________

elastic

inelastic

zero

maximum

3.  The elasticity of demand of pins is ___________

elastic

inelastic

zero

maximum

4. A desire backed by ability to pay and willingness to pay for a commodity is called.

supply

purchasing power

perfect desire

demand

5. When the price of petrol goes up, demand of car will _____________

rise

fall

becomes zero

remain unchanged

6. Individual demand is an aggregate of purchasing by ____________ buyer(s).

all

some

one

two

7. Market demand is an aggregate of purchasing by ___________ buyer(s).

one

two

all

some

8. Implicit demand is also known as ______________

derived

direct

composite

joint

9. Indirect demand is also known as ___________ demand.

direct

composite

joint

derived.

10. The demand for consumer goods is _____________ demand

derived

implicit

direct

indirect

11. The law of demand is applicable to __________________ goods.

Giffen

prestige

inferior

normal

12. When less is purchased at the constant prices, it is called _____________ in demand.

decrease

increase

expansion

contraction

13. When price of commodity rises, the demand for it ______________

falls

remains constant

becomes negative

becomes positive



14. Income elasticity of demand for inferior goods is ______________

positive

negative

zero

greater than one



15. The slope of demand curve is __________ in the case of inelastic demand.

flatter

steeper

horizontal

vertical

16. Cross elasticity of demand is applicable to ________________ goods.

prestige

substitute

inferior

superior



17. Perfectly elastic demand curve is _____________

horizontal to OX – axis

Horizontal to OY – axis

Passes through the origin.

Steeper



18. If a commodity has many substitutes, then its demand becomes __________

more elastic

less elastic

unitary elastic

perfectly elastic.



19. As price falls, demand ___________

increases

decreases

contracts

expands.

20. The Law of demand is based on the law of ______________

supply

Diminishing Marginal Utility

Newton's Law of gravitational force

Einstein's E = mc2 .

21. In the case of Giffen goods the income elasticity of demand is _____________

positive

negative

zero

infinite

22. In case of normal goods the income elasticity of demand is ____________

positive

negative

zero


infinite

PDF FILE TO YOUR EMAIL IMMEDIATELY PURCHASE NOTES & PAPER SOLUTION. @ Rs. 50/- each (GST extra)

SUBJECTS

HINDI ENTIRE PAPER SOLUTION

MARATHI PAPER SOLUTION

SSC MATHS I PAPER SOLUTION

SSC MATHS II PAPER SOLUTION

SSC SCIENCE I PAPER SOLUTION

SSC SCIENCE II PAPER SOLUTION

SSC ENGLISH PAPER SOLUTION

SSC & HSC ENGLISH WRITING SKILL

HSC ACCOUNTS NOTES

HSC OCM NOTES

HSC ECONOMICS NOTES

HSC SECRETARIAL PRACTICE NOTES

2019 Board Paper Solution

HSC ENGLISH SET A 2019 21st February, 2019

HSC ENGLISH SET B 2019 21st February, 2019

HSC ENGLISH SET C 2019 21st February, 2019

HSC ENGLISH SET D 2019 21st February, 2019

SECRETARIAL PRACTICE (S.P) 2019 25th February, 2019

HSC XII PHYSICS 2019 25th February, 2019

CHEMISTRY XII HSC SOLUTION 27th, February, 2019

OCM PAPER SOLUTION 2019 27th, February, 2019

HSC MATHS PAPER SOLUTION COMMERCE, 2nd March, 2019

HSC MATHS PAPER SOLUTION SCIENCE 2nd, March, 2019

SSC ENGLISH STD 10 5TH MARCH, 2019.

HSC XII ACCOUNTS 2019 6th March, 2019

HSC XII BIOLOGY 2019 6TH March, 2019

HSC XII ECONOMICS 9Th March 2019

SSC Maths I March 2019 Solution 10th Standard11th, March, 2019

SSC MATHS II MARCH 2019 SOLUTION 10TH STD.13th March, 2019

SSC SCIENCE I MARCH 2019 SOLUTION 10TH STD. 15th March, 2019.

SSC SCIENCE II MARCH 2019 SOLUTION 10TH STD. 18th March, 2019.

SSC SOCIAL SCIENCE I MARCH 2019 SOLUTION20th March, 2019

SSC SOCIAL SCIENCE II MARCH 2019 SOLUTION, 22nd March, 2019

XII CBSE - BOARD - MARCH - 2019 ENGLISH - QP + SOLUTIONS, 2nd March, 2019

HSC Maharashtra Board Papers 2020

(Std 12th English Medium)

HSC ECONOMICS MARCH 2020

HSC OCM MARCH 2020

HSC ACCOUNTS MARCH 2020

HSC S.P. MARCH 2020

HSC ENGLISH MARCH 2020

HSC HINDI MARCH 2020

HSC MARATHI MARCH 2020

HSC MATHS MARCH 2020


SSC Maharashtra Board Papers 2020

(Std 10th English Medium)

English MARCH 2020

HindI MARCH 2020

Hindi (Composite) MARCH 2020

Marathi MARCH 2020

Mathematics (Paper 1) MARCH 2020

Mathematics (Paper 2) MARCH 2020

Sanskrit MARCH 2020

Sanskrit (Composite) MARCH 2020

Science (Paper 1) MARCH 2020

Science (Paper 2)

Geography Model Set 1 2020-2021


MUST REMEMBER THINGS on the day of Exam

Are you prepared? for English Grammar in Board Exam.

Paper Presentation In Board Exam

How to Score Good Marks in SSC Board Exams

Tips To Score More Than 90% Marks In 12th Board Exam

How to write English exams?

How to prepare for board exam when less time is left

How to memorise what you learn for board exam

No. 1 Simple Hack, you can try out, in preparing for Board Exam

How to Study for CBSE Class 10 Board Exams Subject Wise Tips?

JEE Main 2020 Registration Process – Exam Pattern & Important Dates


NEET UG 2020 Registration Process Exam Pattern & Important Dates

How can One Prepare for two Competitive Exams at the same time?

8 Proven Tips to Handle Anxiety before Exams!

BUY FROM PLAY STORE

DOWNLOAD OUR APP

HOW TO PURCHASE OUR NOTES?

S.P. Important Questions For Board Exam 2022

O.C.M. Important Questions for Board Exam. 2022

Economics Important Questions for Board Exam 2022

Chemistry Important Question Bank for board exam 2022

Physics – Section I- Important Question Bank for Maharashtra Board HSC Examination

Physics – Section II – Science- Important Question Bank for Maharashtra Board HSC 2022 Examination

Important-formula



THANKS