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HSC Commerce: Marketing and Salesmanship 12th Standard Board Exam - Maharashtra State Board Important Questions for Economics

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Economics
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The slope of demand curve is ___________ in the case of relatively inelastic demand.
[flatter/ steeper/ horizontal / vertical]
Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Demand Curve

Demand for electricity is elastic.

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Demand

Distinguish between the following:

Direct demand and Indirect demand.

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Types of Demand

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

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Elasticity of Demand

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

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

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Demand Curve

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

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

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Demand

State whether the following statement is True or False :

Demand for necessary goods is inelastic.

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Demand

Write a short note on factors determining elasticity of demand.

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Elasticity of Demand

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

There are no exceptions to the law of Demand.

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Demand

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

Indirect demand is also known as _______ demand.

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Demand

State whether the following statement is true or false.

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

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Demand

Define or explain the following concept.

Market Demand .

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Demand Curve

Write short answer for the following question.

Explain the Law of Demand.

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Demand

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

Price elasticity of demand can not be measured by using geometric method.

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Determinants of Price Elasticity of Demand

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

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

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Demand

State whether the following statement is True or False :

Concept of elasticity of demand is useful for finance minister.

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Elasticity of Demand

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

Various factors incluence tha demand for a commodity.

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Factors of Demand

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

Demand for car and petrol is ____________ de 

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Demand

Define or explain the following concepts (Any THREE): 

Individual demand 

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Types of Demand

Define or explain the following concepts (Any THREE): 

Cross elasticity of demand 

Appears in 1 question paper
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Determinants of Price Elasticity of Demand
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