Class 11 Economics MCQ Chapter 3 Demand and Law of Demand Question Answer English Medium to each chapter is provided in the list so that you can easily browse through different chapters Class 11 Economics MCQ Chapter 3 Demand and Law of Demand and select need one. AHSEC Class 11 Economics Objective Type Solutions in English As Per AHSEC New Book Syllabus Download PDF. AHSEC Economics MCQ Class 11.
Class 11 Economics MCQ Chapter 3 Demand and Law of Demand
Also, you can read the NCERT book online in these sections Solutions by Expert Teachers as per Central Board of Secondary Education (CBSE) Book guidelines. AHSEC Class 11 Economics Multiple Choice Solutions are part of All Subject Solutions. Here we have given AHSEC Class 11 Economics MCQ in English for All Chapters, You can practice these here.
Demand and Law of Demand
Chapter: 3
| PART – A : MICROECONOMICS |
Choose the Correct Option:
1. What does a movement along the same demand curve imply?
(i) Change in demand due to change in factors other than price.
(ii) Change in demand due to change in its own price.
(iii) Shift of the entire demand curve.
(iv) No change in quantity demanded.
Ans: (ii) Change in demand due to change in its own price.
2. In movement along the same demand curve, other factors remain:
(i) Changing.
(ii) Constant.
(iii) Irrelevant.
(iv) Unmeasurable.
Ans: (ii) Constant.
3. In movement along the demand curve, the position of the curve:
(i) Shifts right.
(ii) Shifts left.
(iii) Does not change.
(iv) Disappears.
Ans: (iii) Does not change.
4. A downward movement along the demand curve is called:
(i) Contraction of demand.
(ii) Expansion of demand.
(iii) Decrease in demand.
(iv) Increase in demand.
Ans: (ii) Expansion of demand.
5. An upward movement along the demand curve is called:
(i) Expansion of demand.
(ii) Contraction of demand.
(iii) Increase in demand.
(iv) Shift in demand.
Ans: (ii) Contraction of demand.
6. In movement along the demand curve, which factor affects demand?
(i) Price.
(ii) Income.
(iii) Population.
(iv) Fashion.
Ans: (i) Price.
7. A shift in the demand curve implies a change in demand due to:
(i) Change in its own price.
(ii) Change in factors other than price.
(iii) No change in quantity demanded.
(iv) Constant income.
Ans: (ii) Change in factors other than price.
8. In a shift of the demand curve, the curve moves:
(i) Only upwards.
(ii) Only downwards.
(iii) Rightward or leftward.
(iv) Nowhere.
Ans: (iii) Rightward or leftward.
9. A rightward shift in the demand curve indicates:
(i) Increase in quantity demanded at each price.
(ii) Decrease in quantity demanded at each price.
(iii) Same demand at each price.
(iv) Price increase only.
Ans: (i) Increase in quantity demanded at each price.
10. A leftward shift in the demand curve indicates:
(i) Increase in demand.
(ii) Decrease in demand.
(iii) Constant demand.
(iv) Price reduction only.
Ans: (ii) Decrease in demand.
11. In movement along the demand curve:
(i) Demand affects price.
(ii) Price affects demand.
(iii) Both change independently.
(iv) Neither affects the other.
Ans: (ii) Price affects demand.
12. In a shift in the demand curve:
(i) Demand affects price.
(ii) Price affects demand.
(iii) Price remains constant and demand changes.
(iv) Both remain constant.
Ans: (i) Demand affects price.
13. Movement along the same demand curve is also called:
(i) Change in demand.
(ii) Change in quantity demanded.
(iii) Demand shift.
(iv) Demand schedule.
Ans: (ii) Change in quantity demanded.
14. Shift in the demand curve is also called:
(i) Change in demand.
(ii) Change in quantity demanded.
(iii) Contraction.
(iv) Expansion.
Ans: (i) Change in demand.
15. Which of the following is NOT a cause of movement along the demand curve?
(i) Price change.
(ii) Income change.
(iii) Prices of related goods change.
(iv) Taste change.
Ans: (ii) Income change.
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