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Distinguish between Individual demand and Market demand.
Concept: Types of Demand
Concept: Demand Curve
Demand for electricity is elastic.
Concept: Concept of Demand
Distinguish between the following:
Direct demand and Indirect demand.
Concept: Types of Demand
Fill in the blank using proper alternative given in the bracket:
Market demand is a total demand of...............buyers.
Concept: Demand Curve
Fill in the blank using proper alternative given in the bracket:
Perfectly inelastic demand curve is.....................................................
Concept: Concept of Demand
State whether the following statement is True or False :
Demand for necessary goods is inelastic.
Concept: Concept of Demand
State with reason. Whether you ‘agree’ or ‘disagree’ with the following statement:
There are no exceptions to the law of Demand.
Concept: Concept of Demand
Fill in the blank with proper alternatives given in the bracket:
Indirect demand is also known as _______ demand.
Concept: Concept of Demand
State whether the following statement is true or false.
Perfectly inelastic demand curve is parallel to ‘X’ axis.
Concept: Concept of Demand
Define or explain the following concept.
Market Demand .
Concept: Demand Curve
Write short answer for the following question.
Explain the Law of Demand.
Concept: Concept of Demand
Fill in the blank using proper alternatives given in the bracket:
Demand for salt is ...............
Concept: Concept of Demand
Fill in the blanks using proper alternatives given in the brackets.
Demand for car and petrol is ____________ de
Concept: Concept of Demand
Define or explain the following concepts (Any THREE):
Individual demand
Concept: Types of Demand
Write whether the following statement is True or False:
Demand for commodities depends upon various factors.
Concept: Concept of Demand
Write whether the following statement is True or False:
Salt has elastic demand.
Concept: Concept of Demand
Concept: Concept of Demand
Match the following Group ‘A’ with Group ‘B’:
| Group ‘A’ | Group ‘B’ |
| (a) Electricity | (1) Joint demand |
| (b) Perfectly elastic demand | (2) Lord Keynes |
| (c) Aggregate supply | (3) Prof. Pigou |
| (d) Propensity to consume | (4) Fixed deposits |
| (e) Higher interest rate | (5) Composite demand |
| (6) Demand curve parallel to ‘X’ axis | |
| (7) Natural resources |
Concept: Types of Demand
Define the concept of demand schedule.
Concept: Concept of Demand
