MCQ Chapter 9 The Price Puzzle Class 9 Social Science CBSE Board

Advertisement

The Price Puzzle: What Drives the Market

1. What is demand?

Question 1 of 20

2. Which statement best describes the Law of Demand?

Question 2 of 20

3. What is necessary for demand to exist?

Question 3 of 20

4. In the example of mangoes, what happened when the price fell from ₹150 per kg to ₹50 per kg?

Question 4 of 20

5. What is an individual demand schedule?

Question 5 of 20

6. What is the graphical representation of a demand schedule called?

Question 6 of 20

7. What does the X-axis represent in a demand curve?

Question 7 of 20

8. What does the Y-axis represent in a demand curve?

Question 8 of 20

9. Why does the demand curve slope downward?

Question 9 of 20

10. What is market demand?

Question 10 of 20

11. Market demand is calculated by adding the ________.

Question 11 of 20

12. Why is the market demand curve flatter than an individual demand curve?

Question 12 of 20

13. Which type of goods can replace one another?

Question 13 of 20

14. Tea and coffee are examples of which type of goods?

Question 14 of 20

15. If the price of coffee increases while the price of tea remains unchanged, what is most likely to happen?

Question 15 of 20

16. Which pair is an example of complementary goods?

Question 16 of 20

17. If movie ticket prices increase, what is likely to happen to the demand for popcorn sold in cinema halls?

Question 17 of 20

18. What generally happens when consumers' income increases?

Question 18 of 20

19. Which factor can affect demand even if the price of a product remains unchanged?

Question 19 of 20

20. Why does a consumer become less willing to pay for additional units of the same product?

Question 20 of 20


 

MCQ
Quiz

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

CBSE Board English Medium

CBSE Board Hindi Medium

बिहार बोर्ड

उत्तर प्रदेश बोर्ड

महाराष्ट्र बोर्ड

मध्य प्रदेश बोर्ड

ગુજરાત બોર્ડ

PSC Exam Preparation

Install App

Install our app for the best experience!