Matching Type MCQs of Elasticity of Demand Microeconomics class 11
Looking for important Matching Type MCQs of Elasticity of Demand chapter with answers and solutions of Microeconomics class 11 CBSE Board, ISC, and State Board.
We have compiled a good list of Matching Type Multiple Choice Questions with answers of Elasticity of Demand of class 11th microeconomics
Matching Type Multiple Choice Questions of Elasticity of Demand chapter with solutions of Microeconomics class 11th CBSE
Let’s Practice
From the set of statements given in Column I and Column II, choose the correct pair of statements:
| Column – I | Column – II |
| A – Inelastic demand | i) Demand curve is flatter |
| B – Perfectly Elastic Demand | ii) Demand curve is a vertical straight line parallel to Y-axis |
| C – Highly Elastic Demand | iii) Demand curve is steeper |
| D – Perfectly Inelastic Demand | iv) No change in demand with change in price |
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) Unitary Elastic Demand | A – Demand curve is a rectangular hyperbola |
| B – Demand curve is flatter |
Options
a) i – A
b) i – B
Ans – a)
Match the statements given under A with the correct options given under B.
| Column – A | Column – B |
| i) Elastic Demand | A – Expensive Goods |
| ii) Inelastic Demand | B – Inexpensive Goods |
Options
a) i – A, ii – B
b) i – B, ii – A
ans – a)
Match the statements given under A with the correct options given under B.
| Column – A | Column – B |
| i) Highly Elastic Demand | A – Less Elastic Demand |
| ii) Inexpensive Goods | B – ∆Q/∆P × P/Q |
| iii) Perfectly Inelastic demand | C – Horizontal straight line parallel to X-axis |
| iv) Flatter Demand curve | D – % Change in Demand > % Change in Price |
| v) Perfectly Elastic Demand | E – Highly Elastic |
| vi) Proportionate Method | F – Quantity Demanded does not change with change in price |
Options
a) i – D, ii – A, iii – F, iv – E, v – C, vi – B
b) i – A, ii – B, iii – C, iv – D, v – E, vi – F
c) i – B, ii – A, iii – C, iv – E, v – D, vi – F
d) i – C, ii – B, iii – D, iv – B, v – F, vi – A
Ans – a)
Match the statements given under A with the correct options given under B.
| Column – I | Column – II |
| i) Rise in Price – 3%, Fall in Demand = 6% | A – Price Elasticity of Demand = (-) 0.2 |
| ii) Rise in Price = 8%, Fall in Demand = 4% | B – Price Elasticity of Demand = (-) 2 |
| C – Price Elasticity of Demand = (-) 5 | |
| D – Price Elasticity of Demand = (-) 0.5 |
Options
a) i – B, ii – D
b) i – A, ii – B
c) i – C, ii – A
d) i – D, ii – B
Ans – a)
Match the statements given under A with the correct options given under B.
| Column – A | Column – B |
| i) When it is not possible to postpone consumption | A – Demand is Highly Elastic |
| ii) When large number of substitutes are available | B – Demand is Perfectly Elastic |
| C – Demand is Less Elastic |
Options
a) i – A, ii – B
b) i – C, ii – A
c) i – B, ii – A
d) i – A, ii – C
Ans – b)
