Tamil Nadu (English Medium) Std 9 Study Materials, Online Learning, Question Papers, Classnotes, Practice Test, MCQ | Smartindia Educational Program : www.smartindia.net.in

Question-1
The most important tools of economic analysis at the micro levels are

(A) Demand	(B) Supply
(C) Both a and b	(D) Neither a nor b

Question-2
_______ is desire backed by ability and willingness to pay for a commodity.

(A) Supply	(B) Stock
(C) Demand	(D) Profit

Question-3
Scarcity of the commodity express in the form of

(A) Demand from buyers	(B) Supply by sellers
(C) Labour markets	(D) Investment

Question-4
_______ results in increasing the availability of resources and technological development

(A) Economic growth	(B) Choice
(C) Resource allocation	(D) Economic development

Question-5
The law of demand is given by

(A) Prof. Marshall	(B) Adam smith
(C) Prof. Walker	(D) J.B. Say

Question-6
Demand is an ______ desire

(A) Effective	(B) Ineffective
(C) Inefficient	(D) Efficient

Question-7
The law of demand implies that demand curves

(A) Slopes up	(B) Slope down
(C) Shift up when ever the price rises	(D) Shift down when ever the price rises

Question-8
When demand decreases

(A) Price falls and quantity decreases	(B) Price falls and quantity increases
(C) Price rises and quantity increases	(D) Price rises and quantity increases

Question-9
The demand for a commodity by a single consumer is known as

(A) Market demand	(B) Demand
(C) Individual demand	(D) Income

Question-10 The term __________ signifies the ability or the willingness to buy a particular commodity at a given point of time.

(A) Demand	(B)Supply
(C)Stock	(D)Income

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Std 9

Tamil Nadu (English Medium)

Practice in Related Chapters
Equilibrium Price
Demand and Supply