### Tamilnadu Board Economics Question papers for 11th Standard (English Medium) Question paper & Study Materials

#### 11th Standard Economics English Medium Free Online Test Book Back One Mark Questions - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Economics is a study of mankind in the ordinary business of life - It is the statement of

• 2)

Pick the odd one out

• 3)

The primary factors of production are:

• 4)

Cost refers to _____.

• 5)

In which of the following is not a type of market structure price will be very high?

#### 11th Standard Economics English Medium Free Online Test Book Back 1 Mark Questions with Answer Key - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The basic problem studied in Economics is

• 2)

Choice is always constrained or limited by the of our____ resources.

• 3)

The man-made physical goods used to produce other goods and services are referred to as

• 4)

Cost functions are also known as _____ function.

• 5)

Equilibrium condition of a firm is ___________

#### 11th Standard Economics English Medium Free Online Test Book Back One Mark Questions - Part Two - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Economics is a science" the basis of this statement is

• 2)

Given potential price is Rs. 250 and the actual price is Rs. 200. find the consumer surplus.

• 3)

Cobb - Douglas production function assumes.

• 4)

Gandhian Economics is based on the Principle

• 5)

Tenth five year plan period was ___________ .

#### 11th Standard Economics English Medium Free Online Test Book Back 1 Mark Questions with Answer Key - Part Two - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Producer's equilibrium is achieved at the point where:

• 2)

Revenue received from the sale of additional unit is termed as _____ revenue.

• 3)

In monopolistic competition, the essential feature is ____________

• 4)

Profit is the reward for

• 5)

Ambedkar the problem studied by in the context of Indian Economy is__________

#### 11th Standard Economics English Medium Free Online Test Book Back One Mark Questions - Part Three - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The concept of elasticity of demand was intorduced by

• 2)

Product obtained from additional factors of production is termed as

• 3)

• 4)

Residual Claimant Theory is propounded by _________.

• 5)

Who introduced the National Development Council in India?

#### 11th Standard Economics English Medium Free Online Test Book Back 1 Mark Questions with Answer Key - Part Three - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Who is the father of Economics?

• 2)

Marginal utility is measured by using the formula of

• 3)

Formula for calculating AP is

• 4)

Money cost is also known as _____ cost.

• 5)

Which of the following is a feature of monopolistic competition?

#### 11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

'Nomos' means

• 2)

In the absence of consumption there can be no_________.

• 3)

Consumer surplus is highest in the case_____________.

• 4)

Labour cannot be separated from

• 5)

When AR remains constant MR is also ____.

#### 11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

TR = __________

• 2)

A final shape to the 'Indifference Curve Analysis' was given by ______

• 3)

The long run production is analysed by using two concept _____________ and ______________

• 4)

Fixed cost is also called as _____.

• 5)

The imperfect competition was propounded in America by ___________

#### 11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - Part Two - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Capital good also called ________.

• 2)

Under perfect competition. The demand curve is

• 3)

The cost which is never zero even when production is stopped is called .................... cost.

• 4)

The land which yields rent is called ______________.

• 5)

Indian Railways Provide Wi-Fi Facility First in India is.

#### 11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - Part Two - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Who is the author of the book "An essay on the nature and significance of economic science ?

• 2)

The famous 'diamond - water paradox' was explained by _______

• 3)

Production refers to

• 4)

MC=MR is ___________

• 5)

Who is the aurhor of agio theory of Interest ?

#### 11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - Part Five - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The deductive method is also known as ________.

• 2)

There are __________ kinds of elasticity of demand.

• 3)

Exertion of body or mind

• 4)

Profit is a called

• 5)

The author of liquidity preference theory is_____________.

#### 11th Standard Economics Introduction to Micro-Economics English Medium Free Online Test One Mark Questions 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Economics is a study of mankind in the ordinary business of life - It is the statement of

• 2)

Macro means

• 3)

What is the name for money Income.

• 4)

Economic is a ___________ .

• 5)

According to Adam Smith "Economics as the science of "

#### 11th Standard Economics Consumption Analysis English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Gossen's first law is known as

• 2)

The concept of consumer's surplus is associated with

• 3)

Indifference curve approach is based on

• 4)

According to the law of diminishing marginal utility, the utility from the consumption of each additional unit starts _____

• 5)

The concept of consumers surplus was introduced by ____

#### 11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - Part Three - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The book "An essay on the Nature and significance of economic science" writen by.

• 2)

The cardinal utility approach was criticised by the English Economist

• 3)

Labour cannot be separated from

• 4)

When price elasticity of demand is less than one, MR is negative and TR is _____________

• 5)

____________money is held to meet an unforeseen expenditure.

#### 11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - Part Three - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

According to Adam Smith "Economics as the science of "

• 2)

The indifference curve approach is based on the concept

• 3)

Who are interested in enlarging the scale of production of their commodltites.

• 4)

Population growth rate in India is as high as ______

• 5)

_________________________remove regional disparities industrializing rural and backward areas.

#### 11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - Part Four - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Economics is a _______science

• 2)

Production is the process of transformation of inputs into_______________.

• 3)

The law of Diminishing Marginal utility called as

• 4)

________________ represent Human capital.

• 5)

Land is _________ in supply.

#### 11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - Part Four - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Environmental economics is a study of inter disciplinary tools for the problems of____

• 2)

Economic laws can be derived by____________.

• 3)

The total area under the demand curve of a product measure______________.

• 4)

The changing agent of the society is called______________.

• 5)

Find out the Real Cost

#### 11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - Part Five - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

In which year Adam Smith published "The Wealth of Nations"

• 2)

The total area under the demand curve of a product measure______________.

• 3)

At what point is the marginal product maximum?

• 4)

MC curve is a ____ shaped curve.

• 5)

MC = MR is

#### 11th Standard Economics Introduction to Micro-Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The basic problem studied in Economics is

• 2)

"Economics studies human behaviour as a relationship between ends and scarce means which have alternative uses" is the definition of economics of

• 3)

Economics is a science" the basis of this statement is

• 4)

A market is

• 5)

'Nomos' means

#### 11th Standard Economics Consumption Analysis English Medium Free Online Test One Mark Questions 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Pick the odd one out

• 2)

The basis for the law of demand is related to

• 3)

Given potential price is Rs. 250 and the actual price is Rs. 200. find the consumer surplus.

• 4)

The concept of elasticity of demand was intorduced by

• 5)

A consumer is in equilibrium when marginal utilities from two goods are

#### 11th Standard Economics Production Analysis English Medium Free Online Test One Mark Questions 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The man-made physical goods used to produce other goods and services are referred to as

• 2)

The short-run production is studied through

• 3)

Modern economists have propounded the law of

• 4)

The relationship between the price of a commodity and the supply of commodity is

• 5)

_____________ said that 'exertion of body or mind' results in labour.

#### 11th Standard Economics Production Analysis English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Which factor is called the changing agent of the Society

• 2)

The relationship between the price of a commodity and the supply of commodity is

• 3)

_______________is the other name given for factor of production.

• 4)

________________ represent Human capital.

• 5)

Accumulation of more and more physical capital is called ________________

#### 11th Standard Economics Cost and Revenue Analysis English Medium Free Online Test One Mark Questions 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Cost refers to _____.

• 2)

Money cost is also known as _____ cost.

• 3)

Wage is an example for _____ cost of the production.

• 4)

Identify the formula of estimating average cost.

• 5)

Long run average cost curve is also called as _____ curve.

#### 11th Standard Economics Cost and Revenue Analysis English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Cost functions are also known as _____ function.

• 2)

The cost that varies with the level of output is termed as _____ cost.

• 3)

The cost per unit of output is denoted by cost _____.

• 4)

Revenue received from the sale of products is known as _____ revenue.

• 5)

Find total fixed cost where TC = 500 and TVC= 100.

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Eight - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

A most refined form of the concept of consumer's surplus was given by

• 2)

The long-run production function is explained by

• 3)

________________ represent Human capital.

• 4)

Land is _________ in supply.

• 5)

TC= _____.

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Six - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Who is regard Economics as a "dismal science", "pig science".

• 2)

The book titled "The General Theory of Employment, interest and money" was published by

• 3)

_____ does Px denotes.

• 4)

Consumer's surplus was first mentioned by _________.

• 5)

The rate of change in quantity demand due to a given change in price known as

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Six - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Which theory is generally included under micro economics?

• 2)

Who assumed that "utility is measurable".

• 3)

__________are the basis for human behavior to buy and consume goods.

• 4)

The indifference curve approach is based on the concept

• 5)

Who are interested in enlarging the scale of production of their commodltites.

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Seven - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The equilibrium price is the price at which

• 2)

Economics is a _______science

• 3)

The concept of net economic welfare has been given by

• 4)

Marginal utility analysis is based on __________ .

• 5)

The Cobb-Douglas Production function was developed by ________________

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Seven - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The equilibrium price is the price at which

• 2)

The concept of consumer's surplus is associated with

• 3)

Cobb - Douglas production function assumes.

• 4)

India bags the ___ in terms of nominal gross domestic product.

• 5)

Give an example for main gold region in India _____

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Eight - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Inductive Method is also called as

• 2)

A____________science is prescriptive in nature.

• 3)

The concept of consumer's surplus is associated with

• 4)

Utility can be measured and quantified under_____________.

• 5)

___________ increases the cost of production of a commodity or service.

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Nine - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Ordinal Utility can be measured by

• 2)

Giffen goods are classified in to ________and___________ goods.

• 3)

Indifference curve has____________.

• 4)

Which of the following is not a characteristic of land?

• 5)

The __________ is an important component in analysing producer's behaviour.

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Nine - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Public Finance is concerned with

• 2)

Marginal utility analysis is based on __________ .

• 3)

Responsiveness of the quantity supplied of a good to a change in its price is_______

• 4)

Revenue received from the sale of additional unit is termed as _____ revenue.

• 5)

Very short period is also called ________ period

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Ten - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

_______ results in increased production.

• 2)

A change in the quantity supplied is a response to a change in the price is called __

• 3)

___________refers to the quantity of goods or services that consumers are willing and able to purchase / buy at a given period of time.

• 4)

A firm under monopoly can earn ________ in the short run

• 5)

These are _____ degrees of price discrimination.

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Ten - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The process of reasoning from particular to general is

• 2)

Capital good also called ________.

• 3)

As a factor of production, capital is a _______________means of production.

• 4)

Global Market

• 5)

There is strict barrier for entry of any new firm in_______________.

#### 11th Standard Economics Distribution Analysis English Medium Free Online Test One Mark Questions 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Theory of distribution is popularly known as________.

• 2)

Original and indestructible power of the soil is the term used by _________.

• 3)

According to the Loanable Funds Theory, supply of loanable funds is equal to _________.

• 4)

Innovation Theory of profit was given by __________.

• 5)

VMP= ____________.

#### 11th Standard Economics Market Structure and Pricing English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Equilibrium condition of a firm is ___________

• 2)

Profit of a firm is obtained when __________

• 3)

In which type of market, AR and MR are equal _______

• 4)

Price leadership is the attribute of ________

• 5)

In which market form does, an absence of competition prevail?

#### 11th Standard Economics Market Structure and Pricing English Medium Free Online Test One Mark Questions 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

In which of the following is not a type of market structure price will be very high?

• 2)

Group equilibrium is analysed in ____________

• 3)

Under perfect competition, the shape of demand curve of a firm is ___________

• 4)

Which of the following involves maximum exploitation of consumers?

• 5)

Very short period is also called ________ period

#### 11th Standard Economics Distribution Analysis English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Original and indestructible power of the soil is the term used by _________.

• 2)

Money wages are also known as __________.

• 3)

According to the Loanable Funds Theory, supply of loanable funds is equal to _________.

• 4)

The distribution of income or wealth of a country among the individuals are

• 5)

"Wages as a sum of money are paid under contract by an employer to a worker for services rendered" - Who said this?

#### 11th Standard Economics Indian Economy English Medium Free Online Test One Mark Questions 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Economic growth of a country is measured by national income indicated by ____

• 2)

The weakness of Indian Economy is _____

• 3)

The year 1961 is known as ______

• 4)

Who among the following propagated Gandhian Economic thinkings.

• 5)

There are only _____ main gold mine regions.

#### 11th Standard Economics Indian Economy English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Economic growth of a country is measured by national income indicated by ____

• 2)

The number of deaths per thousand of population is called as ______

• 3)

Density of population=______

• 4)

Ambedkar the problem studied by in the context of Indian Economy is__________

• 5)

V.K.R.V Rao was a student of

#### 11th Standard Economics Indian Economy Before and After Independence English Medium Free Online Test One Mark Questions 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

"Economics studies human behaviour as a relationship between ends and scarce means which have alternative uses" is the definition of economics of

• 2)

Who has given scarcity definition of economic?

• 3)

Marginal utility is measured by using the formula of

• 4)

Gossen's first law is known as

• 5)

The concept of consumer's surplus is associated with

#### 11th Standard Economics Indian Economy Before and After Independence English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Tenth five year plan period was ___________ .

• 2)

Annual plans formed in the year __ .

• 3)

Britain had exploited __ over a period of two countries of its colonial rule.

• 4)

The British capitalists who established __ in Bengal.

• 5)

Mahalwari System was introduced in ______

#### 11th Standard Economics Development Experiences in India English Medium Free Online Test One Mark Questions 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The Arguments against LPG is_____

• 2)

Goods and Services Tax is _____

• 3)

The recommendation of Narashimham Committee Report was submitted in the year____

• 4)

The Raja Chelliah Committee on Trade Policy Reforms suggested the peak rate on import duties at____.

• 5)

_____ Architect of new economic policy.

#### 11th Standard Economics Development Experiences in India English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Agricultural Produce Market Committee is a _____.

• 2)

The farmers have access to credit under Kisan credit card scheme through the following except___

• 3)

The first ever SEZ in India was set up at

• 4)

The Goods and Services Tax Act come into effect on______

• 5)

In 1947, India was a typically ______ economy.

#### 11th Standard Economics Rural Economics English Medium Free Online Test One Mark Questions 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Which is considered as the basic unit for rural areas?

• 2)

Identify the feature of rural economy ____________

• 3)

What is the other name for concealed unemployment?

• 4)

Identify the year of launch of MUDRA Bank?

• 5)

______________ is an example of subsidiary occupations.

#### 11th Standard Economics Rural Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Which feature is identified with rural areas?

• 2)

Identify the agriculture related problem of rural economy ___________.

• 3)

Indicate the cause for rural poverty ____________

• 4)

How much share of rural families in India is in debt?

• 5)

In which year, Regional Rural Banks came into existence?

#### 11th Standard Economics Tamil Nadu Economy English Medium Free Online Test One Mark Questions 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

• 2)

SPIC is located in

• 3)

In India's total cement production, Tamil Nadu ranks

• 4)

Tamil Nadu being the __ largest in area.

• 5)

Tamil Nadu is the __ largest economy

#### 11th Standard Economics Tamil Nadu Economy English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Which of the following is wrongly matched?

• 2)

TN tops in the production of the following crops except

• 3)

Which Union Territory has the highest sex ratio?

• 4)

The Headquarters of Southern Railway is at

• 5)

Tamil Nadu's performance is outstanding in areas of -----------

#### 11th Standard Economics Mathematical Methods for Economics English Medium Free Online Test One Mark Questions 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The construction of demand line or supply line is the result of using

• 2)

Suppose D=50 - 5P when D is zero then

• 3)

Suppose determinant of a matrix Δ = 0, then the solution

• 4)

The elasticity of demand is the ratio of ______

• 5)

______ declared that he wanted to reduce political and economic matters in terms of number, weight and measure

#### 11th Standard Economics Mathematical Methods for Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The construction of demand line or supply line is the result of using

• 2)

Suppose D=50 - 5P when D is zero then

• 3)

Suppose determinant of a matrix Δ = 0, then the solution

• 4)

Differentiation of constant term gives

• 5)

Fixed cost is the ___ term in cost function represented in mathematical form

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Which one of the following is not a point in the Welfare Definition of Economics?

• 2)

General theory of 'Employment Interest and Money' published in _____

• 3)

Who assumed that "utility is measurable".

• 4)

Which of the following would not result in a rightward shift of the PPC?

• 5)

When marginal utility reaches zero, the total utility will be

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Utility means

• 2)

Micro Economics covers

• 3)

Who expressed the view that, "economics is neutral between ends"?

• 4)

Increase in demand is caused by

• 5)

If the price of any complement goods rises,_____________.

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Two - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Total revenue is equal to total output sold multiplied by

• 2)

The indifference curve are

• 3)

A production function measures the relation between ______________

• 4)

Price rigidity is the attribute of _______

• 5)

MRP=______________.

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Two - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The process of reasoning from particular to general is

• 2)

Normative Science is concerned with_______________.

• 3)

An ISO - quant curve is also known as

• 4)

Explicit costs are termed as

• 5)

When price remains constant. AR will be _____ MR.

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Three - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Utility means

• 2)

Deductive method is also called as

• 3)

________ can be eliminated by limiting the human wants.

• 4)

__________ scale of production facilitates specialization and delegation.

• 5)

_________ are very important to decide the production behaviour of a firm.

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Three - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

"Economics studies human behaviour as a relationship between ends and scarce means which have alternative uses" is the definition of economics of

• 2)

________are transferable

• 3)

Who is considered as the father of scientific socialism ?

• 4)

Demand theory, supply theory etc have been derived based on_______________.

• 5)

Given potential price is Rs. 250 and the actual price is Rs. 200. find the consumer surplus.

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Four - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The equilibrium price is the price at which

• 2)

The author of scarcity definition

• 3)

Points outside the PPC are

• 4)

In case of relatively more elastic demand the shape of the curve is

• 5)

There are __________ kinds of elasticity of demand.

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Four - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Which theory is generally included under micro economics?

• 2)

Economics according to the Lionel Robbins is a___________ science.

• 3)

Wants may be both __________ and complementary.

• 4)

Price elasticity of demand is defined as the responsiveness of_____________.

• 5)

Entrepreneur stand to benefit from the resulting _____________ .

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Five - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

Economics is a _______science

• 2)

The book "An essay on the Nature and significance of economic science" writen by.

• 3)

The goods which satisfy human wants directly are known as_________________.

• 4)

Equi - Marginal Utility means equal marginal utilities derived from the consumption of more than_____

• 5)

In the absence of consumption there can be no_________.

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Five - by Arjuna - Tenkasi - Nov 12, 2020 - View & Read

• 1)

The concept of consumer's surplus is associated with

• 2)

On the basis of regulation the market can be classified as ..................

• 3)

Land differs in ________ .

• 4)

The number of deaths per thousand of population is called as ______

• 5)

___________________ helped the government to the real uplifting of standard of living of people.

#### 11th Standard Economics English Medium All Chapter Book Back and Creative One Marks Questions 2020 - by Arjuna - Tenkasi - Mar 13, 2020 - View & Read

• 1)

Utility means

• 2)

_____have exchange value and their ownership rights can be established and exchanged

• 3)

The scarcity of a commodity is only in relation to its

• 4)

• 5)

When marginal utility reaches zero, the total utility will be

#### 11th Standard Economics English Medium All Chapter Book Back and Creative Two Marks Questions 2020 - by Arjuna - Tenkasi - Mar 13, 2020 - View & Read

• 1)

What is meant by Economics?

• 2)

What are goods?

• 3)

What are the major features of Robbins definitions?

• 4)

Distinguish between nominal income and real income?

• 5)

What are Giffen goods? Why?

#### 11th Standard Economics English Medium All Chapter Book Back and Creative Three Marks Questions 2020 - by Arjuna - Tenkasi - Mar 13, 2020 - View & Read

• 1)

Explain the scarcity definition of Economics and assess it.

• 2)

What are the important features of utility?

• 3)

Examine the major implications of samuelson growth definition

• 4)

Explain the importance of microeconomics.

• 5)

Mention the relationship between marginal utility and total utility.

#### 11th Standard Economics English Medium All Chapter Book Back and Creative Five Marks Questions 2020 - by Arjuna - Tenkasi - Mar 13, 2020 - View & Read

• 1)

Compare and contrast various definitions of Economics.

• 2)

Elaborate the nature and scope of Economics

• 3)

Explain the wealth definition given by Adam Smith

• 4)

Examine the nature of Economic laws.

• 5)

Elucidate the law of diminishing marginal utility with diagram.

#### 11th Economics - Full Portion Five Marks Question Paper - by 8682895000 - Jan 21, 2020 - View & Read

• 1)

Explain various Steps of Deductive and Inductive methods.

• 2)

Examine Adam Smith's Definition of Economics

• 3)

Elucidate the law of diminishing marginal utility with diagram.

• 4)

Enumerate the determinantS of Demand?

• 5)

What are the factors determining supply ?

#### 11th Economics - Full Portion Three Marks Question Paper - by 8682895000 - Jan 21, 2020 - View & Read

• 1)

Explain different types of economic activities.

• 2)

Explain the different types of goods?

• 3)

When does a shift in the demand curve occur? Explain the shift in the demand curve with the help of a diagram.

• 4)

What are the functions of Entrepreneur?

• 5)

Explain the Internal and External diseconomies of scale?

#### 11th Economics - Full Portion Two Marks Question Paper - by 8682895000 - Jan 21, 2020 - View & Read

• 1)

What are goods?

• 2)

Differ Economic Goods with free goods.

• 3)

What is Income?

• 4)

Explain the following concepts of Total utility.

• 5)

Define Labour.

#### 11th Economics - Revision Model Question Paper 2 - by Arjuna - Tenkasi - Jan 17, 2020 - View & Read

• 1)

Economics is a study of mankind in the ordinary business of life - It is the statement of

• 2)

"Demand in economics is the desire to possess something and the willingness and the ability to pay a certain price in order to possess it," says ________

• 3)

The ISO-quant is also called as the _________

• 4)

The cost per unit of output is denoted by cost _____.

• 5)

Opportunity cost is also called as ____.

#### 11th Economics - Public Exam Model Question Paper 2019 - 2020 - by Arjuna - Tenkasi - Jan 17, 2020 - View & Read

• 1)

Identify the correct characteristics of utility

• 2)

In the case of two perfect substitutes, the indifference curve will be________________.

• 3)

_______________ of production mean resources used in the process of production of commodities.

• 4)

The cost incurred by producing one more unit of _____ output is cost.

• 5)

Variable cost + Cost of Administration together known as __________ .

#### 11th Economics - Mathematical Methods for Economics Model Question Paper - by Arjuna - Tenkasi - Dec 14, 2019 - View & Read

• 1)

The formula for constructing a straight line is ____

• 2)

110-20P = 50 + 10 P therefore P = ?

• 3)

_______ is a plural form

• 4)

______ is a word processor, which helps to create, edit, print and save documents for future retrieval and reference.

• 5)

______ version supports up to 1 million rows and 16 thousand columns per work sheet.

#### 11th Economics - Tamil Nadu Economy Model Question Paper - by Arjuna - Tenkasi - Dec 14, 2019 - View & Read

• 1)

There are ----------- river basins in Tamil Nadu.

• 2)

NLC stands for ----------

• 3)

------ provides over 60% of India's total offset printing solutions.

• 4)

____ International Airport is currently the third largest airport in India after Mumbai and Delhi.

• 5)

Tamil Nadu sources some of its power needs from renewable sources with wind power contributing over _____

#### 11th Economics - Rural Economics Model Question Paper - by Arjuna - Tenkasi - Dec 14, 2019 - View & Read

• 1)

Rural ____________ and ____________ are inter related.

• 2)

The excess supply of labour in rural areas reduces the _____________

• 3)

The _________ forces the farmers to borrow for consumption as well as for cultivation.

• 4)

Small Scale Industrial Units with a Capital investment of not more than Rs. ___________ Lakhs.

• 5)

Self - Help Groups (SHGs)

#### 11th Economics - Development Experiences in India Model Question Paper - by Arjuna - Tenkasi - Dec 14, 2019 - View & Read

• 1)

Most of the problems relating to the marketing____

• 2)

Indian economy has achieved a remarkable rate of growth in ______.

• 3)

The____act was passed in the parliament on 29th March 2017

• 4)

The Chelliah Committee's report had suggested drastic reduction in______.

• 5)

Raja J. Chellaiah committee was meant for_______.

#### 11th Economics - Indian Economy Before and After Independence Model Question Paper - by Arjuna - Tenkasi - Dec 14, 2019 - View & Read

• 1)

In 1614 Sir Thomas Roe was successful in getting permission from __________

• 2)

The Industry which was de-reserved in 1993?

• 3)

The father of Green Revolution in India was __________

• 4)

In the first five year plan, the top priority was given to __ Sector

• 5)

The 14 banks were nationalized in the year

#### 11th Economics - Indian Economy Model Question Paper - by Arjuna - Tenkasi - Dec 14, 2019 - View & Read

• 1)

Economic infrastructure is the ____ system which helps in production and distribution.

• 2)

Hematite iron is mainly found in _____

• 3)

______ is a heat resisting mineral which is also a bad conductor of electricity.

• 4)

______ is used in electrical equipments as an insulator.

• 5)

India ranks ____ in the world.

#### 11th Economics - Distribution Analysis Model Question Paper - by Arjuna - Tenkasi - Dec 14, 2019 - View & Read

• 1)

The reward for labour is _________.

• 2)

Money wages are also known as __________.

• 3)

Residual Claimant Theory is propounded by _________.

• 4)

The reward given for the use of capital __________.

• 5)

The concept of meeting unexpected expenditure according to keynes is __________.

#### 11th Economics - Market Structure and Pricing Model Question Paper - by Arjuna - Tenkasi - Nov 27, 2019 - View & Read

• 1)

Equilibrium condition of a firm is ___________

• 2)

Which of the following is a feature of monopolistic competition?

• 3)

In monopoly, MR curve lies below ____________

• 4)

Very long period market is also called as ____________

• 5)

Imperfect competition market which comprises _________

#### 11th Economics - Cost and Revenue Analysis Model Question Paper - by Arjuna - Tenkasi - Nov 27, 2019 - View & Read

• 1)

Cost functions are also known as _____ function.

• 2)

Identify the formula of estimating average variable cost.

• 3)

The cost per unit of output is denoted by cost _____.

• 4)

Find total fixed cost where TC = 500 and TVC= 100.

• 5)

_____ is the summation of explicit and implicit costs.

#### 11th Economics - Production Analysis Model Question Paper - by Arjuna - Tenkasi - Nov 27, 2019 - View & Read

• 1)

The functional relationship between "inputs" and "outputs" is called as

• 2)

In a firm 5 units as factors produce 24 units of the product. When the number of factor increases by one, the production increases to 30 units. Calculate the Average Product

• 3)

An ISO - quant curve is also known as

• 4)

_____________ is a free gift of nature.

• 5)

________________ may be classified in to five kinds

#### 11th Economics - Consumption Analysis Important Questions - by Arjuna - Tenkasi - Nov 21, 2019 - View & Read

• 1)

Choice is always constrained or limited by the of our____ resources.

• 2)

The basis for the law of demand is related to

• 3)

The concept of elasticity of demand was intorduced by

• 4)

The concept of consumers surplus was introduced by ____

• 5)

The __ principle is quite useful in explaining the "water diamond paradox"

#### 11th Economics - Introduction To Micro-Economics Important Questions - by Arjuna - Tenkasi - Nov 21, 2019 - View & Read

• 1)

The basic problem studied in Economics is

• 2)

The equilibrium price is the price at which

• 3)

Who is the father of Economics?

• 4)

The term or word 'Economics' comes from language

• 5)

"Economics as the science of wealth" - It is the statement of

#### 11th Economics Half Yearly Model Question Paper 2019 - by Arjuna - Tenkasi - Nov 13, 2019 - View & Read

• 1)

The equilibrium price is the price at which

• 2)

Who assumed that "utility is measurable".

• 3)

When marginal utility reaches zero, the total utility will be

• 4)

The _________ will bring down the prices to raise demand.

• 5)

The reward in respect of entrepreneurial ability is called___________.

#### 11th Standard Economics - Term II Model Question Paper - by Manju - Rajapalayam - Oct 30, 2019 - View & Read

• 1)

Who is the father of Economics?

• 2)

The process of reasoning from particular to general is

• 3)

When marginal utility reaches zero, the total utility will be

• 4)

Formula for calculating AP is

• 5)

Modern economists have propounded the law of

#### 11th Economics - Mathematical Methods for Economics Model Question Paper - by Manju - Rajapalayam - Oct 19, 2019 - View & Read

• 1)

The construction of demand line or supply line is the result of using

• 2)

Function with single independent variable is known as

• 3)

An incremental change in dependent variable with respect to change in independent variable is known as

• 4)

Suppose D=50 - 5P when D is zero then

• 5)

Suppose determinant of a matrix Δ = 0, then the solution

#### 11th Standard Economics- TamilNadu Economy Model Question Paper - by Manju - Rajapalayam - Oct 19, 2019 - View & Read

• 1)

• 2)

Tamil Nadu is rich in ----------

• 3)

Which of the following cities does not have international airport?

• 4)

In literacy rate, TN ranks

• 5)

Which district in TN has the highest sex ratio?

#### 11th Standard Economics - Rural Economics Model Question Paper - by Manju - Rajapalayam - Oct 19, 2019 - View & Read

• 1)

Which is considered as the basic unit for rural areas?

• 2)

What percentage of the total population live in rural area, as per 2011 censes?

• 3)

What is the term used to denote the coexistence of two different sectors in an economy?

• 4)

Identify the agriculture related problem of rural economy ___________.

• 5)

Indicate the cause for rural poverty ____________

#### 11th Economics - Development Experiences in India Model Question Paper - by Manju - Rajapalayam - Oct 19, 2019 - View & Read

• 1)

Which of the following is the way of privatisation?

• 2)

The Arguments against LPG is_____

• 3)

India is the largest producer of_______in the world

• 4)

The Special Economic Zones policy was announced in_____

• 5)

Financial sector reforms mainly related to____

#### 11th Standard Economics - Indian Economy Before and After Independence Model Question Paper - by Manju - Rajapalayam - Oct 12, 2019 - View & Read

• 1)

The arrival of Vasco da Gama in Calicut, India________

• 2)

Ryotwari system was initially introduced in ________ .

• 3)

The Industry which was de-reserved in 1993?

• 4)

In the first five year plan, the top priority was given to __ Sector

• 5)

The Oldest large scale industry in India

#### 11th Economics - Indian Economy Model Question Paper - by Manju - Rajapalayam - Oct 12, 2019 - View & Read

• 1)

The main gold mine region in Karnataka is ______

• 2)

The position of Indian Economy among the other strongest economies in the world is ______

• 3)

A scientific study of the characteristics of population is _____

• 4)

The number of births per thousand population is called as _____

• 5)

Who introduced the National Development Council in India?

#### 11th Standard Economics - Development Experiences in India Three Marks Questions - by Arjuna - Tenkasi - Oct 09, 2019 - View & Read

• 1)

How do you justify the merits of Privatisation?

• 2)

What are the measures taken towards Globalization?

• 3)

Write a note on Foreign investment policy

• 4)

Give short note on Cold storage.

• 5)

Mention the functions of APMC.

#### 11th Standard Economics - Indian Economy Before and After Independence Three Marks Questions - by Arjuna - Tenkasi - Oct 09, 2019 - View & Read

• 1)

Explain about the Period of Merchant Capital.

• 2)

The Handicrafts declined in India in British Period. why?

• 3)

Elucidate the different types of land tenure system in colonial India.

• 4)

State the reasons for nationalization of commercial banks.

• 5)

Write any three objectives of Industrial Policy 1991.

#### 11th Standard Economics - Mathematical Methods for Economics Three Marks Questions - by Arjuna - Tenkasi - Oct 09, 2019 - View & Read

• 1)

If TC = 2.5q3 - 13q2 + 50q + 12 derive the MC function and AC function.

• 2)

What are the steps involved in executing a MS Excel sheet

• 3)

Find the equation of a straight line which passes through two points (2,2) and (4,-8) which are (x1,y1) and (x2'Y2) respectively.

• 4)

1. The demand and supply curves are given by ${ p }_{ d }=\frac { 16 }{ x+4 } and\quad { p }_{ s }=\frac { x }{ 2 }$ Find the consumer's surplus and Producer's surplus at the market equilibrium price.

• 5)

Integrate: ${ 4x }^{ 5 }+{ 6x }^{ 3 }+\frac { 2 }{ x } x$

#### 11th Standard Economics - TamilNadu Economy Three Marks Questions - by Arjuna - Tenkasi - Oct 09, 2019 - View & Read

• 1)

Write a note on mineral resources in Tamil Nadu

• 2)

• 3)

Describe development of textile industry in Tamil Nadu.

• 4)

Compare productivity of any two food crops between Tamil Nadu and India.

• 5)

Explain the prospect for development of tourism.

#### 11th Standard Economics - Rural Economics Three Marks Questions - by Arjuna - Tenkasi - Oct 09, 2019 - View & Read

• 1)

State the importance of Rural Development

• 2)

Explain the causes for Rural Backwardness.

• 3)

Enumerate the remedial measures to Rural poverty.

• 4)

What are the remedial measures for Rural Unemployment?

• 5)

Write a note on Regional Rural Banks.

#### 11th Standard Economics - Indian Economy Three Marks Questions - by Arjuna - Tenkasi - Oct 09, 2019 - View & Read

• 1)

Define Economic Development.

• 2)

State Ambedkar’s Economic ideas on agricultural economics.

• 3)

Write a short note on village sarvodhaya.

• 4)

Write the strategy of Jawaharlal Nehru in India's planning.

• 5)

Write the V.K.R.V. Rao's contribution on multiplier concept.

#### 11th Economics - Distribution Analysis Three Marks Questions - by Arjuna - Tenkasi - Oct 09, 2019 - View & Read

• 1)

What are the motives of demand for money?

• 2)

List out the kinds of wages.

• 3)

Distinguish between rent and quasi-rent.

• 4)

Briefly explain the Subsistences Theory of Wages.

• 5)

State the Dynamic Theory of profit.

#### 11th Standard Economics - Distribution Analysis Model Question Paper - by Manju - Rajapalayam - Oct 09, 2019 - View & Read

• 1)

In Economics, distribution of income is among ___________.

• 2)

Theory of distribution is popularly known as________.

• 3)

The Classical Theory of rent was propounded by _________.

• 4)

The reward for labour is _________.

• 5)

The reward given for the use of capital __________.

#### 11th Standard Economics - Market Structure and Pricing Model Question Paper - by Manju - Rajapalayam - Oct 09, 2019 - View & Read

• 1)

In which of the following is not a type of market structure price will be very high?

• 2)

There is no excess capacity under _________

• 3)

In which type of market, AR and MR are equal _______

• 4)

Group equilibrium is analysed in ____________

• 5)

Monopolistic competition is a form of __________

#### 11th Economics - Market Structure and Pricing Three Marks Questions - by Arjuna - Tenkasi - Oct 04, 2019 - View & Read

• 1)

What are the features of a market?

• 2)

Specify the nature of entry of competitors in perfect competition and monopoly.

• 3)

Describe the degrees of price discrimination.

• 4)

State the meaning of selling cost with an example.

• 5)

Mention the similarities between perfect competition and monopolistic competition.

#### 11th Economics - Cost and Revenue Analysis Three Marks Questions - by Arjuna - Tenkasi - Oct 04, 2019 - View & Read

• 1)

Distinguish between fixed cost and variable cost.

• 2)

State the differences between money cost and real cost.

• 3)

Distinguish between explicit cost and implicit cost.

• 4)

Define opportunity cost and provide an example.

• 5)

State the relationship between AC and MC.

#### 11th Economics - Production Analysis Three Marks Questions - by Arjuna - Tenkasi - Oct 04, 2019 - View & Read

• 1)

What are the characteristics of land?

• 2)

What are the factors governing elasticity of supply?

• 3)

What are the functions of Entrepreneur?

• 4)

State and explain the elasticity of supply.

• 5)

Bring out the relationship among Total, Average and Marginal Products.

#### 11th Economics - Consumption Analysis Three Marks Questions - by Arjuna - Tenkasi - Oct 04, 2019 - View & Read

• 1)

Describe the feature of human wants

• 2)

Mention the relationship between marginal utility and total utility.

• 3)

Explain the concept of consumer's equilibrium with a diagram.

#### 11th Economics - Introduction To Micro-Economics Three Marks Questions - by Arjuna - Tenkasi - Oct 04, 2019 - View & Read

• 1)

Explain the scarcity definition of Economics and assess it.

• 2)

What are the crucial decisions involving What is produced?

• 3)

Explain different types of economic activities.

• 4)

What are the different features of services?

• 5)

What are the important features of utility?

#### 11th Economics - Cost and Revenue Analysis Model Question Paper - by Manju - Rajapalayam - Oct 01, 2019 - View & Read

• 1)

Cost refers to _____.

• 2)

Explicit costs are termed as

• 3)

The cost that remains constant at all levels of output is _____ cost.

• 4)

Wage is an example for _____ cost of the production.

• 5)

Find total cost where TFC = 100 and TVC = 125.

#### 11th Standard Economics - Production Analysis Model Question Paper - by Manju - Rajapalayam - Oct 01, 2019 - View & Read

• 1)

The primary factors of production are:

• 2)

The short-run production is studied through

• 3)

Mention the economies reaped from inside the firm

• 4)

Modern economists have propounded the law of

• 5)

_____________ is a free gift of nature.

#### 11th Standard Economics - Consumption Analysis Model Question Paper - by Manju - Rajapalayam - Sep 26, 2019 - View & Read

• 1)

Pick the odd one out

• 2)

The concept of consumer's surplus is associated with

• 3)

The concept of elasticity of demand was intorduced by

• 4)

The Indifference curve analysis was presented by _____

• 5)

Indifference curve was first introduced by

#### 11th Standard Economics - Introduction To Micro-Economics Model Question Paper - by Manju - Rajapalayam - Sep 26, 2019 - View & Read

• 1)

Economics is a study of mankind in the ordinary business of life - It is the statement of

• 2)

Find the odd one out

• 3)

"Economics studies human behaviour as a relationship between ends and scarce means which have alternative uses" is the definition of economics of

• 4)

Economics is a science" the basis of this statement is

• 5)

Which theory is generally included under micro economics?

#### 11th Standard Economics - Mathematical Methods for Economics Two Marks Questions - by Arjuna - Tenkasi - Sep 26, 2019 - View & Read

• 1)

Suppose the price p and quantity q of a commodity are related by the equation q = 30 -4p-p2 find MR

• 2)

What is the formula for elasticity of supply if you know the supply function?

• 3)

What are the Main menus of MS word?

• 4)

If Y = 2x4 - 6x2, then find ${dy\over dx}=?$

• 5)

Given the total cost function. TC = 30 + 6Q2+ 14Q3 drive the marginal cost function.

#### 11th Standard Economics - TamilNadu Economy Two Marks Questions - by Arjuna - Tenkasi - Sep 26, 2019 - View & Read

• 1)

State any two districts with favorable sex ratio. Indicate the ratios.

• 2)

Define GSDP.

• 3)

Mention any four food crops which are favourable to Tamil Nadu

• 4)

What is heritage tourism?

• 5)

What are the nuclear power plants in Tamil Nadu?

#### 11th Standard Economics - Rural Economics Two Marks Questions - by Arjuna - Tenkasi - Sep 26, 2019 - View & Read

• 1)

Rural Poverty - Define.

• 2)

Define open unemployment

• 3)

What is meant by Disguised Unemployment?

• 4)

Define Cottage Industry.

• 5)

What do you know about village industries?

#### 11th Standard Economics - Development Experiences in India Two Marks Questions - by Arjuna - Tenkasi - Sep 26, 2019 - View & Read

• 1)

State the reasons for implementing LPG.

• 2)

Define disinvestment.

• 3)

State the meaning of special Economic Zones.

• 4)

State the various components of Central sector schemes under post-harvest measures.

• 5)

What do you know about crop insurance?

#### 11th Economics - Indian Economy Before and After Independence Two Marks Questions - by Arjuna - Tenkasi - Sep 26, 2019 - View & Read

• 1)

What are the Phases of colonial exploitation of India?

• 2)

Name out the different types of land tenure existed in India before Independence

• 3)

State the features that distinguish a land tenure system from other system.

• 4)

List out the weaknesses on Green Revolution.

• 5)

What are the objectives of Tenth five year plan?

#### 11th Economics - Indian Economy Two Marks Questions - by Arjuna - Tenkasi - Sep 26, 2019 - View & Read

• 1)

Write the meaning of Economic Growth.

• 2)

State any two features of developed economy.

• 3)

Write the short note on natural resources.

• 4)

Point out any one feature of Indian Economy.

• 5)

Give the meaning of non-renewable energy.

#### 11th Economics - Distribution Analysis Two Marks Questions - by Arjuna - Tenkasi - Sep 26, 2019 - View & Read

• 1)

What is meant by distribution?

• 2)

Mention the types of distribution.

• 3)

Define 'Rent'.

• 4)

Distinguish between real and money wages.

• 5)

What do you mean by interest?

#### 11th Economics - Market Structure and Pricing Two Marks Questions - by Arjuna - Tenkasi - Sep 26, 2019 - View & Read

• 1)

Define Market.

• 2)

Who is price-taker?

• 3)

Point out the essential features of the pure competition

• 4)

Mention any two types of price discrimination.

• 5)

Define Excess capacity.

#### 11th Economics - Term 1 Model Question Paper - by Manju - Rajapalayam - Sep 21, 2019 - View & Read

• 1)

The basic problem studied in Economics is

• 2)

_____have exchange value and their ownership rights can be established and exchanged

• 3)

The chief exponent of the cardinal utility approach was

• 4)

Which factor is called the changing agent of the Society

• 5)

Money cost is also known as _____ cost.

#### 11th Economics Chapter 4 Cost and Revenue Analysis Two Marks Question - by Arjuna - Tenkasi - Sep 19, 2019 - View & Read

• 1)

Define cost.

• 2)

Define cost function.

• 3)

Define Revenue.

• 4)

Explicit Cost - Define.

• 5)

Give the definition for 'Real cost'.

#### 11th Economics - Production Analysis Two Marks Question - by Arjuna - Tenkasi - Sep 19, 2019 - View & Read

• 1)

Define Labour.

• 2)

State the production function.

• 3)

Define Marginal Product of a factor.

• 4)

What do you mean by labour According to Karl Marx?

• 5)

Who is an 'Organizer'?

#### 11th Economics - Consumption Analysis Two Marks Question - by Arjuna - Tenkasi - Sep 19, 2019 - View & Read

• 1)

Define utility.

• 2)

Mention the classifications of wants

• 3)

Name the basic approaches to consumer behaviour.

• 4)

State the meaning of indifference curves

• 5)

Write the formula of consumers surplus?

#### 11th Economics - Introduction To Micro-Economics Two Marks Question - by Arjuna - Tenkasi - Sep 19, 2019 - View & Read

• 1)

What is meant by Economics?

• 2)

Define Micro Economics

• 3)

What are goods?

• 4)

Distinguish goods from services

• 5)

Name any two types of utility.

#### 11th Economics - Term 1 Five Mark Model Question Paper - by Arjuna - Tenkasi - Sep 16, 2019 - View & Read

• 1)

Compare and contrast various definitions of Economics.

• 2)

Elaborate the nature and scope of Economics

• 3)

Explain the law of Equi - marginal utility

• 4)

List out the properties of iso - quants with the help of diagrams

• 5)

Bring out the relationship between AR and MR curves under various price conditions.

#### 11th Economics Quarterly Model Question Paper - by Arjuna - Tenkasi - Sep 13, 2019 - View & Read

• 1)

Economics is a study of mankind in the ordinary business of life - It is the statement of

• 2)

Growth definition takes into account

• 3)

Identify the correct characteristics of utility

• 4)

The term or word 'Economics' comes from language

• 5)

_______ which analyses the interrelationship between economy and Environment.

#### 11th Standard Economics Unit 12 Mathematical Methods for Economics Book Back Questions - by Arjuna - Tenkasi - Sep 06, 2019 - View & Read

• 1)

Mathematical Economics is the integration of

• 2)

The first person used the mathematics in Economic is

• 3)

Suppose D=50 - 5P when D is zero then

• 4)

Suppose determinant of a matrix Δ = 0, then the solution

• 5)

State of rest is a point termed as

#### 11th Economics Chapter 11 TamilNadu Economy Book Back Questions - by Arjuna - Tenkasi - Sep 06, 2019 - View & Read

• 1)

Knitted garment production is concentrated in

• 2)

Which of the following is wrongly matched?

• 3)

TN tops in the production of the following crops except

• 4)

Largest area of land is used in the cultivation of

• 5)

Which district in TN has the highest sex ratio?

#### 11th Economics - Rural Economics Book Back Questions - by Arjuna - Tenkasi - Sep 06, 2019 - View & Read

• 1)

Which is considered as the basic unit for rural areas?

• 2)

What is the term used to denote the coexistence of two different sectors in an economy?

• 3)

The process of improving the rural areas, rural people and rural living is defined as ____________

• 4)

Identify the agriculture related problem of rural economy ___________.

• 5)

Indicate the cause for rural poverty ____________

#### 11th Economics - Development Experiences in India Book Back Questions - by Arjuna - Tenkasi - Sep 06, 2019 - View & Read

• 1)

Which of the following is the way of privatisation?

• 2)

The Arguments against LPG is_____

• 3)

Agricultural Produce Market Committee is a _____.

• 4)

The New Foreign Trade Policy was announced in the year ______

• 5)

The recommendation of Narashimham Committee Report was submitted in the year____

#### 11th Economics - Indian Economy Before and After Independence Book Back Questions - by Arjuna - Tenkasi - Sep 06, 2019 - View & Read

• 1)

The arrival of Vasco da Gama in Calicut, India________

• 2)

The power for governance of lndia was transferred from the East India Company (EIC) to the British crown in ___________.

• 3)

The objective of the Industrial policy 1956 was ______

• 4)

The father of Green Revolution in India was __________

• 5)

The main objective of nationalisation of banks was ___________

#### 11th Standard Economics Chapter 7 Indian Economy Book Back Questions - by Arjuna - Tenkasi - Sep 04, 2019 - View & Read

• 1)

The main gold mine region in Karnataka is ______

• 2)

Which one of the following is a developed nations?

• 3)

A scientific study of the characteristics of population is _____

• 4)

The number of deaths per thousand of population is called as ______

• 5)

The number of births per thousand population is called as _____

#### 11th Standard Economics - Distribution Analysis Book Back Questions - by Arjuna - Tenkasi - Sep 04, 2019 - View & Read

• 1)

In Economics, distribution of income is among ___________.

• 2)

Theory of distribution is popularly known as________.

• 3)

The reward for labour is _________.

• 4)

Money wages are also known as __________.

• 5)

Residual Claimant Theory is propounded by _________.

#### 11th Standard Economics - Market Structure and Pricing Book Back Questions - by Arjuna - Tenkasi - Sep 03, 2019 - View & Read

• 1)

In which of the following is not a type of market structure price will be very high?

• 2)

Which of the following is a feature of monopolistic competition?

• 3)

Another name of price is _________

• 4)

Perfect competition assumes ____________

• 5)

In monopolistic competition, the essential feature is ____________

#### 11th Standard Economics Unit 4 Cost and Revenue Analysis - by Arjuna - Tenkasi - Sep 02, 2019 - View & Read

• 1)

Cost refers to _____.

• 2)

Cost functions are also known as _____ function.

• 3)

Money cost is also known as _____ cost.

• 4)

Explicit cost plus implicit cost denote _____ cost.

• 5)

Explicit costs are termed as

#### 11th Standard Economics Chapter 3 Production Analysis Book Back Questions - by Arjuna - Tenkasi - Sep 02, 2019 - View & Read

• 1)

The primary factors of production are:

• 2)

The man-made physical goods used to produce other goods and services are referred to as

• 3)

The functional relationship between "inputs" and "outputs" is called as

• 4)

In a firm 5 units as factors produce 24 units of the product. When the number of factor increases by one, the production increases to 30 units. Calculate the Average Product

• 5)

The short-run production is studied through

#### 11th Standard Economics Unit 2 Consumption Analysis Book Back Questions - by Arjuna - Tenkasi - Aug 31, 2019 - View & Read

• 1)

Pick the odd one out

• 2)

The basis for the law of demand is related to

• 3)

Increase in demand is caused by

• 4)

Ordinal Utility can be measured by

• 5)

The indifference curve are

#### 11th Standard Economics Unit 1 Introduction To Micro-Economics Book Back Questions - by Arjuna - Tenkasi - Aug 30, 2019 - View & Read

• 1)

_____have exchange value and their ownership rights can be established and exchanged

• 2)

Identify the correct characteristics of utility

• 3)

Who has given scarcity definition of economic?

• 4)

The process of reasoning from particular to general is

• 5)

Total revenue is equal to total output sold multiplied by

#### 11th Standard Economics - Development Experiences in India One Mark Question with Answer - by Arjuna - Tenkasi - Aug 29, 2019 - View & Read

• 1)

Which of the following is the way of privatisation?

• 2)

Countries today are to be __ for their growth.

• 3)

_____announced the new industrial policy on July 24, 1991.

• 4)

Most of the problems relating to the marketing____

• 5)

Indian economy has achieved a remarkable rate of growth in ______.

#### 11th Standard Economics - Indian Economy Before and After Independence One Mark Question and Answer - by Arjuna - Tenkasi - Aug 29, 2019 - View & Read

• 1)

The arrival of Vasco da Gama in Calicut, India________

• 2)

In 1614 Sir Thomas Roe was successful in getting permission from __________

• 3)

The power for governance of lndia was transferred from the East India Company (EIC) to the British crown in ___________.

• 4)

The East Indian Company had captured political power to secure maximum goods for __________

• 5)

The British capitalists who established __ in Bengal.

#### 11th Economics - Indian Economy One Mark Question and Answer - by Arjuna - Tenkasi - Aug 28, 2019 - View & Read

• 1)

The main gold mine region in Karnataka is ______

• 2)

Economic growth of a country is measured by national income indicated by ____

• 3)

There are only _____ main gold mine regions.

• 4)

Economic infrastructure is the ____ system which helps in production and distribution.

• 5)

Hematite iron is mainly found in _____

#### 11th Standard Economics Unit 6 Distribution Analysis One Mark Question with Answer - by Arjuna - Tenkasi - Aug 27, 2019 - View & Read

• 1)

In Economics, distribution of income is among ___________.

• 2)

Theory of distribution is popularly known as________.

• 3)

Rent is the reward for the use of _________.

• 4)

Interest is the reward for ___________.

• 5)

Wages is the reward for _________.

#### 11th Standard Economics Unit 5 Market Structure and Pricing One Mark Question and Answer - by Arjuna - Tenkasi - Aug 27, 2019 - View & Read

• 1)

In which of the following is not a type of market structure price will be very high?

• 2)

Equilibrium condition of a firm is ___________

• 3)

Which of the following is a feature of monopolistic competition?

• 4)

_____________ classifies market on the basis of time

• 5)

Very short period is also called ________ period

#### 11th Standard Economics Chapter 4 Cost and Revenue Analysis One Mark Question Paper with Answer - by Arjuna - Tenkasi - Aug 27, 2019 - View & Read

• 1)

Cost refers to _____.

• 2)

Cost functions are also known as _____ function.

• 3)

Explicit costs are termed as

• 4)

The costs of self-owned resources are termed as ____ cost.

• 5)

Find total cost where TFC = 200 and TVC = 150

#### 11th Standard Economics Unit 3 Production Analysis One Mark Question Paper with Answer Key - by Arjuna - Tenkasi - Aug 26, 2019 - View & Read

• 1)

The primary factors of production are:

• 2)

The man-made physical goods used to produce other goods and services are referred to as

• 3)

Formula for calculating AP is

• 4)

Who said, that one of the key of an entrepreneur is "uncertainty-bearing"

• 5)

The functional relationship between "inputs" and "outputs" is called as

#### 11th Economics Unit 2 Consumption Analysis One Mark Question Paper - by Arjuna - Tenkasi - Aug 24, 2019 - View & Read

• 1)

Pick the odd one out

• 2)

Choice is always constrained or limited by the of our____ resources.

• 3)

The chief exponent of the cardinal utility approach was

• 4)

Marginal utility is measured by using the formula of

• 5)

When marginal utility reaches zero, the total utility will be

#### 11th Economics Chapter 1 Introduction To Micro-Economics One Mark Question Paper - by Arjuna - Tenkasi - Aug 23, 2019 - View & Read

• 1)

Economics is a study of mankind in the ordinary business of life - It is the statement of

• 2)

The basic problem studied in Economics is

• 3)

The equilibrium price is the price at which

• 4)

Author of "An inquiry into the Nature and causes of wealth of Nations"

• 5)

Economics is a science" the basis of this statement is

#### 11th Economics Indian Economy Model Question Paper - by Arjuna - Tenkasi - Aug 20, 2019 - View & Read

• 1)

A scientific study of the characteristics of population is _____

• 2)

The number of births per thousand population is called as _____

• 3)

Ambedkar the problem studied by in the context of Indian Economy is__________

• 4)

Goods and services provided by nature are called _____

• 5)

Economic infrastructure is the ____ system which helps in production and distribution.

#### 11th Economics Unit 6 Distribution Analysis Model Question Paper - by Arjuna - Tenkasi - Aug 19, 2019 - View & Read

• 1)

The reward for labour is _________.

• 2)

Residual Claimant Theory is propounded by _________.

• 3)

According to the Loanable Funds Theory, supply of loanable funds is equal to _________.

• 4)

Profit is the reward for

• 5)

Quasi - Rent was given by __________.

#### 11th Economics Market Structure and Pricing Model Question Paper - by Arjuna - Tenkasi - Aug 12, 2019 - View & Read

• 1)

A firm under monopoly can earn ________ in the short run

• 2)

Profit of a firm is obtained when __________

• 3)

Perfect competition assumes ____________

• 4)

Price discrimination will always lead to

• 5)

The supply curve is __________ in the long period.

#### 11th Economics First Mid Term Model Question Paper - by Arjuna - Tenkasi - Aug 01, 2019 - View & Read

• 1)

The basic problem studied in Economics is

• 2)

Who is the father of Economics?

• 3)

Total revenue is equal to total output sold multiplied by

• 4)

Creations of utility or wealth is

• 5)

Given potential price is Rs. 250 and the actual price is Rs. 200. find the consumer surplus.

#### 11th Standard Economics Chapter 4 Cost and Revenue Analysis Sample Question Paper - by Arjuna - Tenkasi - Jul 31, 2019 - View & Read

• 1)

Cost refers to _____.

• 2)

Money cost is also known as _____ cost.

• 3)

The cost that remains constant at all levels of output is _____ cost.

• 4)

Find total cost where TFC = 200 and TVC = 150

• 5)

Find total fixed cost where TC = 500 and TVC= 100.

#### 11th Standard Economics Chapter 3 Production Analysis Important Question Paper - by Arjuna - Tenkasi - Jul 26, 2019 - View & Read

• 1)

The primary factors of production are:

• 2)

The man-made physical goods used to produce other goods and services are referred to as

• 3)

Formula for calculating AP is

• 4)

In a firm 5 units as factors produce 24 units of the product. When the number of factor increases by one, the production increases to 30 units. Calculate the Average Product

• 5)

The short-run production is studied through

#### 11th Standard Economics Chapter 1 Consumption Analysis Important Question Paper - by Arjuna - Tenkasi - Jul 24, 2019 - View & Read

• 1)

Pick the odd one out

• 2)

Choice is always constrained or limited by the of our____ resources.

• 3)

The chief exponent of the cardinal utility approach was

• 4)

Utility analysis was developed by _____

• 5)

According to the law of diminishing marginal utility, the utility from the consumption of each additional unit starts _____

#### 11th Economics - Unit Test 1 - Model Question Paper - by Arjuna - Tenkasi - Jul 18, 2019 - View & Read

• 1)

Economics is a study of mankind in the ordinary business of life - It is the statement of

• 2)

The basic problem studied in Economics is

• 3)

Microeconomics is concerned with

• 4)

The term or word 'Economics' comes from language

• 5)

"Economics as the science of wealth" - It is the statement of

#### 11th Standard Economics Public Exam March 2019 Important One Mark Test - by Ananya - Mar 12, 2019 - View & Read

• 1)

A market is

• 2)

Which one of the following is not a point in the Welfare Definition of Economics?

• 3)

Who has given scarcity definition of economic?

• 4)

______ comes from the Ancient Greek Oikonomikos.

• 5)

What is other name for Economics?

#### Plus One Economics Public Exam March 2019 One Mark Question Paper - by Ananya - Mar 12, 2019 - View & Read

• 1)

Economics is a science" the basis of this statement is

• 2)

A market is

• 3)

Which one of the following is not a point in the Welfare Definition of Economics?

• 4)

What is the name for money Income.

• 5)

A good consumed by a single person.

#### 11th Standard Economics Public Exam March 2019 Creative Questions and Answers - by Ananya - Mar 12, 2019 - View & Read

• 1)

What are the various books available in the titles of economics?

• 2)

State four definitions of economics.

• 3)

Distinguish between free goods and economic goods.

• 4)

Difference consumer goods and capital goods ?

• 5)

Define Macro Economics?

#### 11th Standard Economics Public Exam March 2019 Important 5 Marks Questions and Answers - by Ananya - Mar 12, 2019 - View & Read

• 1)

Compare and contrast various definitions of Economics.

• 2)

Explain basic problems of the economy with the help of production possibility curve.

• 3)

Explain the stable equilibrium with the help of diagram.

• 4)

Explain the wealth definition given by Adam Smith

• 5)

State the assumption on which the explanation and analysis of production possibility curve based upon.

#### Plus One Economics Public Official Model Question Paper 2019 - by Ananya - Mar 04, 2019 - View & Read

• 1)

The equilibrium price is the price at which

• 2)

Utility is a

• 3)

Gossen's first law is known as

• 4)

_____ does Px denotes.

• 5)

Which factor is called the changing agent of the Society

#### 11th Standard Economics Public Exam March 2019 Model Test Question Paper - by Ananya - Mar 04, 2019 - View & Read

• 1)

Utility means

• 2)

Who gave welfare definition of economics?

• 3)

The locus of the points which gives same level of satisfaction is associated with

• 4)

___________shows various combinations of two products that give the same amount of satisfaction.

• 5)

In a firm 5 units as factors produce 24 units of the product. When the number of factor increases by one, the production increases to 30 units. Calculate the Average Product

#### 11th Standard Economics Introduction To Micro-Economics Important Questions - by Ananya - Mar 04, 2019 - View & Read

• 1)

The basic problem studied in Economics is

• 2)

Economics is a science" the basis of this statement is

• 3)

Which theory is generally included under micro economics?

• 4)

"Economics as the science of wealth" - It is the statement of

• 5)

______means using up of goods and services

#### 1th Standard Economics 3rd Revision Test Question Paper 2019 - by Ananya - Feb 26, 2019 - View & Read

• 1)

Utility means

• 2)

Who 'defined "Economics as the science' of wealth"

• 3)

Given potential price is Rs. 250 and the actual price is Rs. 200. find the consumer surplus.

• 4)

Indifference curves never intersect each other due to_______________.

• 5)

Product obtained from additional factors of production is termed as

#### 11th Standard Economics Revision Test Model Question Paper 2019 - by Ananya - Feb 18, 2019 - View & Read

• 1)

The basic problem studied in Economics is

• 2)

Economics according to the Lionel Robbins is a___________ science.

• 3)

Pick the odd one out

• 4)

Human wants are classified in to

• 5)

The short-run production is studied through

#### 11th Standard Economics Model Public Exam Question Paper 2019 - by Ananya - Feb 18, 2019 - View & Read

• 1)

The basic problem studied in Economics is

• 2)

Who gave welfare definition of economics?

• 3)

Increase in demand is caused by

• 4)

The Economist, who was the first to formulate the law of Diminishing Marginal Utility in Economics, is _______

• 5)

Which of the following is not a characteristic of land?

#### 11th Economics Consumption Analysis Important Questions - by Ananya - Feb 15, 2019 - View & Read

• 1)

When marginal utility reaches zero, the total utility will be

• 2)

The concept of consumer's surplus is associated with

• 3)

In case of relatively more elastic demand the shape of the curve is

• 4)

The concept of consumers surplus was introduced by ____

• 5)

_____ of the following constitute 'demand' in economics

#### HSC 1st Year Economics Revision test Question Paper - by Ananya - Dec 28, 2018 - View & Read

• 1)

Find the odd one out

• 2)

Economics according to Robbins is ________.

• 3)

Ordinal Utility can be measured by

• 4)

During the periods of boom, the demand for all commodities tends to

• 5)

In a firm 5 units as factors produce 24 units of the product. When the number of factor increases by one, the production increases to 30 units. Calculate the Average Product

#### 11th Economics Half Yearly Model Question paper - by Ananya - Dec 28, 2018 - View & Read

• 1)

Economics is a study of mankind in the ordinary business of life - It is the statement of

• 2)

Who is the author of the book "An essay on the nature and significance of economic science ?

• 3)

Choice is always constrained or limited by the of our____ resources.

• 4)

The Law of Equi-Marginal Utility' is also called as _________

• 5)

Mention the economies reaped from inside the firm

#### Tamil Nadu Economy Important Questions From 11th Standard Economics - by Ananya - Dec 14, 2018 - View & Read

• 1)

In sex ratio, Tamil Nadu ranks ----------

• 2)

Which of the following cities does not have international airport?

• 3)

In literacy rate, TN ranks

• 4)

The largest contribution to GSDP in Tamil Nadu comes from ------------

• 5)

The Headquarters of Southern Railway is at

#### Mathematical Methods for Economics Important Questions - 12th Economics - by Ananya - Dec 06, 2018 - View & Read

• 1)

(y-y1)=M(x-x1) gives the

• 2)

Differentiation of Xn is

• 3)

The command Ctrl +M is applied for

• 4)

_________ of the line represents the ratio of the changes in vertical and horizontal line.

• 5)

lCT stands for ________

#### 11th Economics 2 Marks Revision Test - by Ananya - Dec 05, 2018 - View & Read

• 1)

What are goods?

• 2)

What is market?

• 3)

State the meaning of indifference curves

• 4)

Explain the following concepts of Marginal utility.

• 5)

Define Marginal Product of a factor.

#### 11th Standard Half yearly model question paper - Economics - by Ananya - Nov 29, 2018 - View & Read

• 1)

Which of the following is a micro economics statement?

• 2)

Capital goods also called as_____good

• 3)

Gossen's first law is known as

• 4)

The foundation for various other economic law is ____

• 5)

Formula for calculating AP is

#### Important One Mark Question Paper In 11th Economics - by Ananya - Aug 06, 2018 - View & Read

• 1)

Economics is a science" the basis of this statement is

• 2)

Which one of the following is not a point in the Welfare Definition of Economics?

• 3)

Identify the correct characteristics of utility

• 4)

______means using up of goods and services

• 5)

Micro Economics covers

#### Development Experiences In India Important Questions In 11th Economics - by Ananya - Aug 03, 2018 - View & Read

• 1)

Foreign investment includes___

• 2)

The Special Economic Zones policy was announced in_____

• 3)

The New Foreign Trade Policy was announced in the year ______

• 4)

Financial sector reforms mainly related to____

• 5)

The farmers have access to credit under Kisan credit card scheme through the following except___

#### 11th Economics Important Question Paper - by Ananya - Aug 02, 2018 - View & Read

• 1)

The arrival of Vasco da Gama in Calicut, India________

• 2)

The power for governance of lndia was transferred from the East India Company (EIC) to the British crown in ___________.

• 3)

Ryotwari system was initially introduced in ________ .

• 4)

First World War started in the year __ .

• 5)

The father of Green Revolution in India was __________

#### Indian Economy Important Question Paper In 11th Economics - by Ananya - Aug 02, 2018 - View & Read

• 1)

Mixed economy means ______

• 2)

The weakness of Indian Economy is _____

• 3)

The number of deaths per thousand of population is called as ______

• 4)

The number of births per thousand population is called as _____

• 5)

Who among the following propagated Gandhian Economic thinkings.

#### Distribution Analysis Important Question Paper In 11th Economics - by Ananya - Aug 01, 2018 - View & Read

• 1)

In Economics, distribution of income is among ___________.

• 2)

The concept of Quasi-Rent is associated with _________.

• 3)

The Classical Theory of rent was propounded by _________.

• 4)

Original and indestructible power of the soil is the term used by _________.

• 5)

Residual Claimant Theory is propounded by _________.

#### Market Structure And Pricing Important Question Paper In 11th Economics - by Ananya - Aug 01, 2018 - View & Read

• 1)

Another name of price is _________

• 2)

In which type of market, AR and MR are equal _______

• 3)

In monopoly, MR curve lies below ____________

• 4)

Perfect competition assumes ____________

• 5)

Group equilibrium is analysed in ____________

#### 11th Economics Important Question Paper 1 - by Ananya - Aug 01, 2018 - View & Read

• 1)

Explicit cost plus implicit cost denote _____ cost.

• 2)

Explicit costs are termed as

• 3)

The costs of self-owned resources are termed as ____ cost.

• 4)

The cost that remains constant at all levels of output is _____ cost.

• 5)

Identify the formula of estimating average variable cost.

#### Production Analysis Important Question Paper 2 In 11th Economics - by Ananya - Jul 28, 2018 - View & Read

• 1)

In a firm 5 units as factors produce 24 units of the product. When the number of factor increases by one, the production increases to 30 units. Calculate the Average Product

• 2)

The short-run production is studied through

• 3)

The long-run production function is explained by

• 4)

An ISO - quant curve is also known as

• 5)

Which of the following is not a characteristic of land?

#### Consumption Analysis Important Questions In 11th Economics - by Ananya - Jul 28, 2018 - View & Read

• 1)

When marginal utility reaches zero, the total utility will be

• 2)

Gossen's first law is known as

• 3)

The concept of elasticity of demand was intorduced by

• 4)

Increase in demand is caused by

• 5)

The Indifference curve analysis was presented by _____

#### 11th Economics Important Question Paper 2 - by Ananya - Jul 26, 2018 - View & Read

• 1)

Find the odd one out

• 2)

Who is the father of Economics?

• 3)

Economics is a science" the basis of this statement is

• 4)

Which theory is generally included under micro economics?

• 5)

The process of reasoning from particular to general is

#### 11th Economics One Mark Model Question Paper - by Ananya - Jul 23, 2018 - View & Read

• 1)

Economics is a study of mankind in the ordinary business of life - It is the statement of

• 2)

Utility means

• 3)

Total revenue is equal to total output sold multiplied by

• 4)

'Nomos' means

• 5)

________are transferable