HSC Science (Electronics) इयत्ता १२ वी - Maharashtra State Board Important Questions

Define of Explain the following concept.  

 Market 

 Distinguish between Any FOUR of the following :        

 Income method and Expenditure method. 

Rewrite the following sentences by using proper substitute given in the bracket: 

 The nature of the market of barter system is ________.  

 Rewrite the following sentences by using proper substitute given in the bracket: 

 There is lack of ________ in monopoly.  

State whether the following statements are TRUE or FALSE : 

The problems of Nation are studied in the micro economy. 

Fill in the blanks with appropriate alternatives given in the bracket.  

 If the price of the inferior goods falls, the demand for them will ________. 

 Give reasons or explain the following statement: 

Assumptions of micro economics are unrealistic. 

Give reason or explain the following statement.

Micro Economic theories are based on certain assumptions.

Write short answer for the following question :

Functions of Entrepreneur 

Complete the correlation:

Macro Economics : ______ :: Micro Economics : Price theory.

The law of equi-marginal utility is based on certain assumptions.

Write short note on :

Giffen's paradox.

State and explain in detail the Law of Diminishing Marginal Utility  ?

 State whether the following statements are TRUE or FALSE:  

 Marginal utility increases with increase in consumption. 

 State whether the following statements are TRUE or FALSE:  

 In deficit budget, expenditure is more than income. 

 The law of equi-marginal utility is based on the law of _________. 

Choose the correct answer :      

The capacity of a commodity to satisfy human want is known as _________. 

Do you agree with the following statements? Give reasons. 

Marginal utility and Total utility is same. 

Fill in the blanks with appropriate alternatives given in the bracket.  

 Marginal consumption function is always ________. 

Exceptions to the law of diminishing marginal utility:

1. Cardinal measurement
2. Hobbies
3. Miser
4. Money