CBSE  /  Class 11  /  Economics  /  Theory of Consumer Behaviour

  • 1. 
    Hie slope of the demand Curve of a normal goods is:

  • Negative
  • Positive
  • Zero
  • Undefined

  • 2. 
    With an increase in income consumer decreases the consumption of which goods ?

  • Inferior goods
  • Normal goods
  • Giffin goods
  • Both (a) and (b)

  • 3. 
    The demand curve of a good shifts from DD’ to dd

  • fail in the price of the goods
  • rise in the price of the goods
  • rise in the price of substitute goods
  • rise in the price of complementary goods

  • 4. 
    Elasticity of demand is a:

  • Qualitative Statement
  • Quantitative Statement
  • Both (a) and (b)
  • None of the above

  • 5. 
    Which of the following is a formula for measuring the elasticity of demand?
    MCQ Questions for Class 11 Economics Chapter 2 Theory of Consumer Behaviour with Answers 2

  • a
  • b
  • c
  • d

  • 6. 
    For Giffin goods, price elasticity of demand is :

  • Negative
  • Positive
  • Zero
  • None of these

  • 7. 
    Following figure shows:

  • High Elastic Demand
  • Perfectly Elastic Demand
  • Perfectly Inelastic Demand
  • Inelastic Demand

  • 8. 
    Which of the following shows elasticity less than one ?

  • Necessity Goods
  • Comforts
  • Luxuries
  • All of these

  • 9. 
    With which method, elasticity of demand is measured?

  • Total Expenditure Method
  • Percentage or Proportionate Method
  • Point Method
  • All of these

  • 10. 
    Elastic demand is shown by:
    MCQ Questions for Class 11 Economics Chapter 2 Theory of Consumer Behaviour with Answers 4

  • a
  • b
  • c
  • d
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