Embark on an economic exploration through the intricate balance of supply and demand with our specialized Multiple Choice Questions (MCQs) page on “Market Equilibrium,” featuring questions meticulously sourced from previous year papers across diverse exams, including the esteemed UPSC IAS and more. Immerse yourself in the dynamics of market forces, explore the equilibrium price and quantity, and test your understanding of economic stability through a curated set of questions designed to cater to aspirants preparing for various competitive sectors.
Our MCQs on “Market Equilibrium” cover pivotal topics such as the law of demand, market shifts, and the impact on prices. Whether you are gearing up for UPSC IAS or other competitive exams, these questions provide a strategic approach to mastering the principles governing economic equilibriums.
What sets our MCQs apart? Each question is thoughtfully selected from authentic exam scenarios, offering a practical and effective way to prepare. By engaging with these questions, you not only familiarize yourself with the exam pattern but also deepen your understanding of the intricate details within the economic landscape.
Prepare with confidence, knowing that our “Market Equilibrium” MCQs are designed to empower you with the knowledge and analytical skills necessary to excel in UPSC IAS and various competitive exams. Unveil the economic equilibrium with precision and insight.
NCERT Class 11 Economics : Market Equilibrium MCQ – NCERT Class 11 MCQ
Question:
Which is a characteristic of the market ?
A
B
C
D
Question:
Which is a basic for the classification of the market ?
A
B
C
D
Question:
Which of the following is a feature of perfect competition ?
A
B
C
D
Question:
In which market product differentiation is found ?
A
B
C
D
Question:
Which of the following is true in perfect competition ?
A
B
C
D
Question:
Which one is a feature of monopoly ?
A
B
C
D
Question:
Which one of the following is true for monopoly ?
A
B
C
D
Question:
Which one is a feature of monopolistic competition ?
A
B
C
D
Question:
A market in which there is free entry and exit, the market is:
A
B
C
D
Question:
What does a monopolist market show ?
A
B
C
D
Question:
Price discrimination is found in which market ?
A
B
C
D
Question:
Which of the following is the feature of pure competition ?
A
B
C
D
Question:
Market situation where there is only one buyer is:
A
B
C
D
Question:
The concept of monopolistic competition is given by:
A
B
C
D
Question:
Which of the following is not a feature of perfect competition ?
A
B
C
D
Question:
In which market is AR equal to MR ?
A
B
C
D
Question:
Which factor determines Equilibrium Price ?
A
B
C
D
Question:
Price is determined by Demand and Supply. Whose statement is this ?
A
B
C
D
Question:
Price of a commodity is determined at a point where :
