Matching Type MCQs of Demand Microeconomics class 11
Looking for important MCQs of Demand chapter with answers and solution of Microeconomics class 11 CBSE, ISC and State Board.
We have compiled a huge list of very important Multiple Choice Questions of Demand chapter with answers of Microeconomics class 11
Matching Type Multiple Choice Questions of Demand chapter with answers of Microeconomics class 11
Lets Practice
From the set of statements given in Column I and Column II, Choose the correct pair of statements.
| Column – I | Column – II |
| A – Substitute Goods | i) An increase in price of substitute leads to a decrease in the demand for given commodity. |
| B – Complementary Goods | ii) An increase in price of complementary goods leads to an increase in the demand for given commodity. |
| C – Normal Goods | iii) Goods whose demand does not change with an increase in income |
| D – Inferior Goods | iv) Goods whose demand decreases with an increase in income |
Options
a) A – i
b) B – ii
c) C – iii
d) D – iv
Ans – d)
Identify the correct sequence of alternatives given in column II by matching them with respective terms in column I.
| Column – I | Column – II |
| A – Movement along the demand curve | i) Decrease in demand |
| B – Shift in the demand curve | ii) Extension in demand |
| C – Normal Goods | iii) Negative income effect |
| D – Inferior Goods | iv) Positive income effect |
Options
a) A – ii, B – i, C – iv, D – iii
b) A – iii, B – ii, C – i, D – iv
c) A – i, B – iii, C – ii, D – iv
d) A – iv, B – ii, C – iii, D – i
Ans – a)
Match the statements given under A with the correct options given under B.
| Column – I | Column – II |
| i) Decrease in Price of Substitute Goods | A – Rightward shift in the demand curve |
| B – Lefward shift in demand curve |
Options
a) i – A
b) i – B
Ans – b)
Match the statements given under A with the correct options given under B.
| Column – I | Column – II |
| i) Expansion of Demand | A – Upward movement along the same demand curve |
| ii) Contraction of Demand | B – Downward movement along the same demand curve |
Options
a) i – A, ii – B
b) i – B, ii – A
Ans – b)
Write the correct pair.
| Column – I | Column – II |
| A – Giffen Goods | i) – Automobiles |
| B – Veblen Goods | ii) – Low quality bread |
| C – Conspicuous necessities | iii) – Diamonds |
| D – Necessities | iv) – Medicines |
Options
a) A – i
b) B – ii
c) C – iii
d) D – iv
Ans – d)
Match the statements given under A with the correct options given under B.
| Column – I | Column – II |
| i) Substitute Goods | A – Car and Pen |
| ii) Complementary Goods | B – Coke and Pepsi |
| C – Bread and Butter |
Options
a) i – A, ii – B
b) i – B, ii – C
c) i – C, ii – B
d) i – B, ii – A
Ans – b)
Choose the correct pair.
| Column – I | Column – II |
| A – Perfectly inelastic demand curve | i) Horizontal straight line |
| B – Unit elastic demand curve | ii) Rectangular hyperbola |
| C – Perfectly elastic demand curve | iii) – Vertical straight line |
Options
a) A – i
b) B – ii
c) C – iii
d) None of these
Ans – b)
Match the statements given under A with the correct options given under B.
| Column – A | Column – B |
| i) Normal Goods | A – Demand decreases with an increase in income |
| ii ) Inferior Goods | B – Demand decreases with an increase in price |
| C – Demand increases with an increase in price | |
| D – Demand increases with an increase in income |
Options
a) i – A, ii – B
b) i – B, ii – A
c) i – C, ii – B
d) i – D, ii – A
Ans – d)
Match the statements given under A with the correct options given under B.
| Column – A | Column – B |
| i) Substitute Goods | A – Car and Petrol |
| ii) Inferior Goods | B – Rightward shift in the Demand Curve |
| iii) Expansion in Demand | C – Rice and Wheat |
| iv) Complementary Goods | D – Increase in Quantity Demanded |
| v) Increase in Demand | E – Demand decreases with an increase in income |
Options
a) i – C, ii – E, iii – D, iv – A, v – B
b) i – A, ii – B, iii – C, iv – D, v – E
c) i – B, ii – A, iii – D, iv – C, v – E
d) i – D, ii – C, iii – B, iv – A, v – E
Ans – a)
Match the statements given under A with the correct options given under B.
| Column – A | Column – B |
| i) Normal Good | A – Relationship between the demand of given commodity and prices of related goods |
| ii) – Decrease in Demand | B – Decrease in Quantity Demanded |
| iii) – Substitute Goods | C – Demand increases with an increase in income |
| iv) Cross Demand | D – Leftward shift in the Demand Curve |
| V) Contraction in Demand | E – Competitive Demand |
Options
a) i – A, ii – B, iii – C, iv – D, v – E
b) i – C, ii – D, iii – E, iv – A, v – B
c) i – B, ii – A, iii – C, iv – D, v – E
d) i – D, ii – B, iii – A, iv – C, v – E
Ans – b)
