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

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.

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.

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

Demand for salt is ...............

Fill in the blanks using proper alternatives given in the brackets. 

Demand for car and petrol is ____________ de 

Define or explain the following concepts (Any THREE): 

Individual demand 

Write whether the following statement is True or False:

Demand curve has a positive slope.

Write whether the following statement is True or False:

Demand for commodities depends upon various factors.

Write whether the following statement is True or False:

Salt has elastic demand.

Match the following Group ‘A’ with Group ‘B’:   

Define the concept of demand schedule.

 Distinguish between :

 Individual demand schedule and Market demand schedule.

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

The law of demand states ________ relation between demand and price.