
Microeconomics class11 chapter 1
Authored by Bhoomika kathuria
Other
11th Grade
Used 21+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following included in components of microeconomics?
Theory of equilibrium
Theory of price
Theory of consumer behaviour
Both b and c
Theory of disequilibrium
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economy deals with economic issues related to past,present and future ?
Micro economics
Macro economics
Normative economics
Positive economics
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Consumer is not Sovereign in which type of economy
Market economy
Centrally planned economy
Mixed economy
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not concerned with the problem of choice?
Unlimited wants
Excessive income
Alternative use of resources
Limited resources
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Scarcity of resources exists
At macro level
At micro level
Micro as well as macro level
None of these
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Our resources are (a) as compared to our wants
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who controls economic activities under centrally planned economy
Government
Central authorities
Market forces
Both a and b
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