Matching Type MCQs of Demand Microeconomics class 11

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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 – IColumn – II
A – Substitute Goodsi) An increase in price of substitute leads to a decrease in the demand for given commodity.
B – Complementary Goodsii) An increase in price of complementary goods leads to an increase in the demand for given commodity.
C – Normal Goodsiii) Goods whose demand does not change with an increase in income
D – Inferior Goodsiv) 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 – IColumn – II
A – Movement along the demand curvei) Decrease in demand
B – Shift in the demand curveii) Extension in demand
C – Normal Goodsiii) Negative income effect
D – Inferior Goodsiv) 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 – IColumn – II
i) Decrease in Price of Substitute GoodsA – 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 – IColumn – II
i) Expansion of DemandA – Upward movement along the same demand curve
ii) Contraction of DemandB – 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 – IColumn – II
A – Giffen Goodsi) – Automobiles
B – Veblen Goodsii) – Low quality bread
C – Conspicuous necessitiesiii) – Diamonds
D – Necessitiesiv) – 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 – IColumn – II
i) Substitute GoodsA – Car and Pen
ii) Complementary GoodsB – 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 – IColumn – II
A – Perfectly inelastic demand curvei) Horizontal straight line
B – Unit elastic demand curveii) Rectangular hyperbola
C – Perfectly elastic demand curveiii) – 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 – AColumn – B
i) Normal GoodsA – Demand decreases with an increase in income
ii ) Inferior GoodsB – 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 – AColumn – B
i) Substitute GoodsA – Car and Petrol
ii) Inferior GoodsB – Rightward shift in the Demand Curve
iii) Expansion in DemandC – Rice and Wheat
iv) Complementary GoodsD – Increase in Quantity Demanded
v) Increase in DemandE – 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 – AColumn – B
i) Normal GoodA – Relationship between the demand of given commodity and prices of related goods
ii) – Decrease in DemandB – Decrease in Quantity Demanded
iii) – Substitute GoodsC – Demand increases with an increase in income
iv) Cross DemandD – Leftward shift in the Demand Curve
V) Contraction in DemandE – 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)

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