HSC Commerce (English Medium) १२ वीं कक्षा - Maharashtra State Board Important Questions for Economics

When does ‘increase’ in demand take place?

Distinguish between Individual demand and Market demand.

Write short notes Significance of price elasticity of demand.

Explain any 'two methods' of measuring price elasticity of demand.

Demand for electricity is elastic.

Distinguish between the following:

Direct demand and Indirect demand.

Write short notes on the Proportional method of measuring the elasticity of demand.

Match the following :

State whether the following statement is  true or false :

Concept of ‘elasticity of demand’ is useful for the finance minister.

Explain with reason whether you 'agree' or 'disagree' with the following statement:

There are many types of demands.

Fill in the blank using proper alternative given in the bracket:

Market demand is a total demand of...............buyers.

Fill in the blank using proper alternative given in the bracket:

Perfectly inelastic demand curve is.....................................................

State whether the following statement is True or False :

Demand for necessary goods is inelastic.

Write a short note on factors determining elasticity of demand.

State with reason. Whether you ‘agree’ or ‘disagree’ with the following statement: 

There are no exceptions to the law of Demand.

Fill in the blank with proper alternatives given in the bracket:

Indirect demand is also known as _______ demand.

State whether the following statement is true or false.

Perfectly inelastic demand curve is parallel to ‘X’ axis.

Define or explain the following concept.

Market Demand .

Write short answer for the following question.

Explain the Law of Demand.