HSC Science (Computer Science) इयत्ता १२ वी - Maharashtra State Board Question Bank Solutions for Economics

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

Demand for electricity is elastic.

Demand for electricity is elastic.

Give reason or Explain the following statement :

Demand for habitually used goods is inelastic.

Give reason or Explain the following statement :

Demand for habitually used goods is inelastic.

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

Explain the following concept:

Effective demand

Explain the following concept:

Effective demand

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

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

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

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

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

......................... is the apex body of the monetary and banking system of the nation’s economy.

State whether the following statement is True or False :

Demand for necessary goods is inelastic.

State whether the following statement is True or False :

Demand for necessary goods is inelastic.

Define or explain the following concept.

Unitary elastic demand.

Give reason or explain the following.

Cash reserve ratio (CRR) affects the lending capacity of banks.

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.

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.

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

Indirect demand is also known as _______ demand.