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
______ is desire backed by ability and willingness to pay for a commodity.

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

Question-2
The demand for a commodity is always

(A) At its cost	(B) At its price
(C) At its size	(D) At its demand

Question-3 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

Question-4
The demand for a commodity by a single consumer is known as

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

Question-5
Coefficient of elasticity of demand is negative it means

(A) Consumers sometimes buy negative units of a commodity	(B) Price and quantity demanded move in same direction
(C) Law of demand holds	(D) The two goods are complementary to each other

Question-6 Individual demand is also known as ________ demand.

(A) Market	(B)Household
(C)Corporate	(D)Price

Question-7
Demand is always expressed in relation to a particular

(A) Income	(B) Desire
(C) Price	(D) Supply

Question-8
_______ results in increasing the availability of resources and technological development

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

Question-9 ___________ is the desire to own anything, the ability to pay for it, and the willingness to pay.

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

Question-10
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

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Std 9

Tamil Nadu (English Medium)

Practice in Related Chapters
Equilibrium Price
Demand and Supply