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English
Economics
History & Civics
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Question-1
The graphical representation of theory of demand is known as __________
(A)
demand curve
(B)
supply curve
(C)
normal good curve
(D)
none of these
Question-2
_________ is/are the parts of demand schedule
(A)
individual demand schedule only
(B)
market demand schedule only
(C)
individual and market demand schedule
(D)
none of these
Question-3
A rise in the price of commodities results in ___________
(A)
fall in income
(B)
fall in real income
(C)
fall in prices
(D)
none of these
Question-4
There exist _________ relationship between demand for a product and price of its substitute
(A)
Positive
(B)
Inverse
(C)
backward bending
(D)
vertical
Question-5
All inferior goods are need not be _____ goods.
(A)
normal
(B)
inferior
(C)
composite
(D)
none of these
Question-6
the market demand for any good is a function of the:
(A)
price
(B)
income
(C)
taste
(D)
all of these
Question-7
The individual demand for a good is :
(A)
the amount he buys at given price
(B)
total amount he buys
(C)
his willingness at market price
(D)
none of these
Question-8
Contraction in demand results from _________ other things remain the same
(A)
rise in price
(B)
fall in price
(C)
price remains constant
(D)
none of these
Question-9
An increase in demand shifts the entire demand curve ________
(A)
leftwards
(B)
rightwards
(C)
either leftward or rightward
(D)
none of these
Question-10
Purchasing less quantity of goods by the consumers when prices are rising is known as _________ of demand
(A)
contraction
(B)
extension
(C)
polarization
(D)
none of these
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Plus 2 Humanities
ICSE/ISC
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National Income and Circular Flow of Income
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- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
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