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Published on: 13/05/2022
QB365 provides detailed and simple solution for every book back questions in class 11 Economics subject.It will helps to get more idea about question pattern in every book back questions with solution.
latest Book back QuestionsDownload Tamil Nadu 11th Standard Economics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Economics Test1.
Indifference curve approach is based on
Ordinal approach
Cardinal approach
Subjective approach
Psychological approach
2.
Given potential price is Rs. 250 and the actual price is Rs. 200. Find the consumer surplus.
375
175
200
50
3.
The concept of consumer's surplus is associated with
Adam Smith
Marshall
Robbins
Ricardo
4.
5.
Gossen's first law is known as
Law of Equi-Marginal Utility
Law of Diminishing Marginal Utility
Law of Demand
Law of Diminishing returns
6.
When marginal utility reaches zero, the total utility will be
Minimum
Maximum
Zero
Negative
7.
Marginal utility is measured by using the formula of
TUn - TUn-1
TUn - TUn+1
TUn + TUn+1
TUn - TUn+1
8.
The chief exponent of the cardinal utility approach was
J.R. Hicks
R.G.D. Allen
Marshall
Stigler
9.
Choice is always constrained or limited by the _______ of our resources.
Scarcity
Supply
Demand
Abundance
10.
Pick the odd one out
Luxuries
Comforts
Necessaries
Agricultural goods
1.
(a)
Ordinal approach
2.
(d)
50
3.
(b)
Marshall
4.
(a)
5.
(b)
Law of Diminishing Marginal Utility
6.
(b)
Maximum
7.
(a)
TUn - TUn-1
8.
(c)
Marshall
9.
(a)
Scarcity
10.
(d)
Agricultural goods
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Tamilnadu Stateboard 11th Standard Subjects
Maths
Commerce
Economics
Biology
Business Maths and Statistics
Accountancy
Computer Science
Physics
Chemistry
Maths
Biology
Economics
Physics
Chemistry
History
Business Maths and Statistics
Computer Science
Accountancy
Computer Applications
History
Computer Technology
Commerce
Computer Applications
Computer Technology
Tamil
English
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