CBSE Class 11 Theory of Consumer Behaviour Multiple Choice Questions with Answers. MCQ Questions Class 11 Theory of Consumer Behaviour with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 Theory of Consumer Behaviour with Answers to know their preparation level.
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MCQ Questions Class 11 Theory of Consumer Behaviour with Answers - Set - 4
Question 1:Â
Price elasticity of demand means :
(a) Change in demand due to change in price
(b) Change in demand
(c) Change in real income
(d) Change in Price
Correct Answer – (A)
Question 2:Â
How many types elasticity of uemand has ?
(a) Three
(b) Five
(c)Six
(d) Seven
Correct Answer – (B)
Question 3:Â
Who propounded the percentage or proportionate method of measuring elasticity of demand ?
(a) Marshall
(b) Flux
(c) Hicks
(d) None of these
Correct Answer – (B)
Question 4:Â
Which of the following shows elasticity less than one ?
(a) Necessity Goods
(b) Comforts
(c) Luxuries
(d) All of these
Correct Answer – (A)
Question 5:Â
Elasticity of demand is a:
(a) Qualitative Statement
(b) Quantitative Statement
(c) Both (a) and (b)
(d) None of the above
Correct Answer – (B)
MCQ Questions Class 11 Theory of Consumer Behaviour With Answers
Question 6:Â
Elasticity of demand for necessities is :
(a) Zero
(b) Unlimited
(c) Greater than unity
(d) Less than unity
Correct Answer – (A)
Question 7:Â
Which of the following factor affects elasticity of demand ?
(a) Nature of Goods
(b) Price Level
(c) Income Level
(d) All of these
Correct Answer – (D)
Question 8:Â
With which method, elasticity of demand is measured ?
(a) Total Expenditure Method .
(b) Percentage or Proportionate Method
(c) Point Method
(d) All of these
Correct Answer – (D)
Question 9:Â
For Giffin goods, price elasticity of demand is :
(a) Negative
(b) Positive
(c) Zero
(d) None of these
Correct Answer – (B)
Question 10:Â
With an increase in income consumer decreases the consumption of which goods ?
(a) Inferior goods
(b) Normal goods
(c) Giffin goods
(d) Both (a) and (b)
