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Demand and Supply

Q.81) When there is no change in demand, with large change in price thn such type of demands are called-

(A) Elastic

(B) Inealastic

(C) Perfectly inelastic

(D) Relatively elastic

Q.82) With other factor Constant, the demand of any productis decreased by-

(A) Increase in price of that product

(B) Increase in income of customer

(C) Decrease in price of that product

(D) Decrease in income of customer

Q.83) There will be increasein price of tomato in domestic market, if-

(A) There is enormous production of tomato

(B) Export of fresh tomatoes to other countries

(C) Production cost of tomato is less

(D) All of the above

Q.84) Which of the following is not the direct deciding factor of demand?

(A) Saving

(B) Income

(C) Price

(D) Taste

Q.85) Which of the following goods has elastic demand?

(A) Electricity

(B) Medicines

(C) Rice

(D) Match boxes

Q.86) Which of the following statement is true?

(A) Price of any good depends upon its cost

(B) Any good has valueable price in anyone which has desire to buy it

(C) Price of any good depend upon place value

(D) Any good has its price if its supply is equal to demand

Q.87) Which of the following is an Example of derived demand?

(A) Rice

(B) Cloths

(C) Beauty Products

(D) Cement

Q.88) Demand of Labour is called-

(A) Derived demand

(B) Factory demand

(C) Market demand

(D) Direct demand

Q.89) Perfectly inelastic demand is equal to-

(A) Unity

(B) Zero

(C) Infinity

(D) Greater than unity

Q.90) Which among the following are close substitutes?

(A) Milk and Sugar

(B) Sugar and Tea

(C) Tea and Coffee

(D) Coffee and Biscuits

ਜੇਕਰ ਤੁਸੀ ਕਿਸੇ ਵੀ ਸਰਕਾਰੀ ਨੌਕਰੀ ਬਾਰੇ ਜਾਣਕਾਰੀ ਲੈਣਾ ਚਾਹੁੰਦੇ ਹੋ ਤਾ ਉੱਤੇ ਦਿੱਤੇ ਕੰਮੈਟ ਬਾਕਸ ਵਿੱਚ ਕੰਮੈਟ ਕਰ ਸਕਦੇ ਹੋ ਧੰਨਵਾਦ ਅਰਨ ਮਨੀ ਜੋਬਜ ਟੀਮ