Download App

Theory of consumer behaviour — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsTheory of consumer behaviour2 Marks
Question
Identify the following as extension, contraction, increase or decrease in demand.
  1.  
Price (₹)
Demand (units)
10
20
12
15
  1.  
Price (₹)
Demand (units)
10
20
10
15
  1.  
Price (₹)
Demand (units)
12
15
10
20
  1.  
Price (₹)
Demand (units)
10
20
10
30
✓

Answer

  1. Contraction of demand.
  2. Decrease in demand.
  3. Extension of demand.
  4. Increase in demand.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "2 Marks Question" from Theory of consumer behaviour→Theory of consumer behaviour — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

Giving reason state whether are included or excluded in/ from domestic territory.
Branch of Foreign Bank in India.
→
Describe any two sectors of the economy from the point of view of macroeconomics.
→
What is macroeconomics?

OR

Define macroeconomics.

→
Classify the into durable, non-durable, semi-durable or service.
Washing soaps.
→
Explain the concept of 'buffer stock' as a tool of price floor.
→
Explain briefly how changes in open market operations be helpful in correcting deficient demand.
→
Define frictional and structural unemployment.
→
Regulation of prices in the case of agricultural products is not only desirable but necessary. Explain.
→
Explain how 'non-monetary exchanges' are a limitation in taking gross domestic product as an index of welfare.
→
A firm supplies a certain quantity of a good at a price of 10 per unit. When price changes to 9 per unit, the firm supplies 10 units less. Price Elasticity of Supply is 1. What is the quantity supplied before price change?
→