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Free MCQ’s Quiz on Class 11 Economics Chapter 4 – The Theory of the Firm under Perfect Competition – Set 2

Free MCQ’s Quiz for Class 11 Economics Chapter 4 – The Theory of the Firm under Perfect Competition with Answers is prepared based on the latest CBSE Exam Pattern for the Academic Session. Students can solve NCERT based Class 11th Economics – ‘The Theory of the Firm under Perfect Competition’ Multiple Choice Questions with Answers to know their preparation level on the Success Roar Classes website.

Here, we have provided Free MCQ’s Quiz on Class 11 Economics Chapter 4 – The Theory of the Firm under Perfect Competition. The Theory of the Firm under Perfect Competition shown that an individual firm’s supply curve tells us how much of a commodity a profit-maximizing firm would want to sell at different prices if the price were fixed and that the market supply curve tells us how much of a commodity all the firms together would want to supply at different prices if the price were fixed.

To make you perfect in this topic – The Theory of the Firm under Perfect Competition, we are here with a set of MCQs Quiz that will help you in brushing up your understanding of the concepts.

Free MCQ’s on The Theory of the Firm under Perfect Competition.

Each set of MCQ’s consists of 10 Questions and you can see the results immediately after submitting the Set.

Free MCQ’s on The Theory of the Firm under Perfect Competition

Results

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#1. Moving along an indifference curve the:

#2. Which of the following is the slope of the indifference curve is equal?

#3. Why does the indifference curve convex to origin?

#4. From the following: which is not a property of an indifference curve?

#5. Hicks and Allen believed that utility:

#6. The slope of the indifference curve tends to which of the following as we move down the indifference curve from left to right?

#7. A higher IC in the indifference map implies which of the following?

#8. According to which of the following, two indifference curves cannot cut each other?

#9. Which of the following is related to an indifference curve?

#10. When more of one commodity and less of another results in which of the following, an Indifference curve slopes down to the right?

Finish

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