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11th Standard English Medium Economics Subject Consumption Analysis Creative 2 Mark Questions with Solution Part - II updated Creative Questions Question Bank Software May-13 , 2022

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11th Standard English Medium Economics Subject Consumption Analysis Creative 2 Mark Questions with Solution Part - II updated Creative Questions

11th Standard English Medium Economics Subject Consumption Analysis Creative 2 Mark Questions with Solution Part - II

11th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 10

    2 Marks

    5 x 2 = 10

  1. What are the degrees of price elasticity of Demand?

  2. What are called 'Comforts'?

  3. State the law of Diminishing Marginal Utility (DMU) as given by Marshall.

  4. Define 'Consumer's surplus' in the words of Marshall.

  5. Define Marginal Rate of Substitution.

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