Free MCQ’s Quiz on Class 11 Economics Chapter 5 – Market Equilibrium – Set 2
Free MCQ’s Quiz for Class 11 Economics Chapter 5 – Market Equilibrium Answers is prepared based on the latest CBSE Exam Pattern for the Academic Session. Students can solve NCERT based Class 11th Economics – ‘Market Equilibrium’ 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 5 – Market Equilibrium. Market Equilibrium is examined by combining consumer and firm behaviour through demand-supply research to determine where price equilibrium will be reached. It also involved that how demand and supply shifts affect equilibrium.
To make you perfect in this topic – Market Equilibrium, we are here with a set of MCQs Quiz that will help you in brushing up the understanding of the concepts.
Free MCQ’s on Market Equilibrium.
Each set of MCQ’s consists of 10 Questions and you can see the results immediately after submitting the Set.
Free MCQ’s on Market Equilibrium
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#1. According to the law of demand, when the price rises, there is an _____.
#2. .Which of the following would change the quantity demanded for a product?
#3. An increase in demand may occur as a result of:
#4. When the following conditions are met, there is a violation of the law of demand:
#5. The movement of the demand curve demonstrates
#6. When demand rises, the demand curve shows
#7. The demand curve is always
#8. Which of the following is a product that complements peanut butter?
#9. The Law of Demand is calculated from the perspective of
#10. Goods whose demand falls as income rises are referred to as
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