Maharashtra Board Class 12th Physics Important Objective Question for 2024 – Mock Test 08

महाराष्ट्र बोर्ड इंटरमिजिएट परीक्षा 2024 मध्ये विचारले जाणारे महत्त्वाचे भौतिकशास्त्राचे प्रश्न येथे आहेत, इयत्ता 12वीच्या भौतिकशास्त्राच्या परीक्षेसाठी 39 महत्त्वाचे प्रश्न. जर तुम्ही इंटरमिजिएट परीक्षेला बसत असाल आणि तुमचा विषय भौतिकशास्त्र असेल तर दिलेले सर्व प्रश्न काळजीपूर्वक वाचा.

Elasticity of Demand & Supply  Class 12th Physics Important Objective Question 2024

Results

#1. Along a linear, downward-sloping demand curve, price elasticity of demand

a. is impossible to calculate

a. is impossible to calculate

b. is constant and is equal to the slope

b. is constant and is equal to the slope

c. is constant and is equal to the inverse of the slope

c. is constant and is equal to the inverse of the slope

d. becomes more elastic as price increases

d. becomes more elastic as price increases

#2. A linear, downward-sloping demand curve has

a. constant slope and constant elasticity

a. constant slope and constant elasticity

b. constant slope and varying elasticity

b. constant slope and varying elasticity

c. varying slope and constant elasticity

c. varying slope and constant elasticity

d. varying slope and varying elasticity

d. varying slope and varying elasticity

#3. When the demand curve is linear with the typical downward slope, a firm can receive the greatest total revenue by

a. charging the highest price possible

a. charging the highest price possible

b. selling the most output possible

b. selling the most output possible

c. producing where demand is inelastic

c. producing where demand is inelastic

d. producing where demand is unit elastic

d. producing where demand is unit elastic

#4. A perfectly elastic demand curve is

a. a vertical straight line

a. a vertical straight line

b. a horizontal straight line

b. a horizontal straight line

c. a downward-sloping straight line

c. a downward-sloping straight line

d. an upward-sloping straight line

d. an upward-sloping straight line

#5. If a firm whose product faces a perfectly elastic demand curve raises its price

a. it will sell exactly the same amount of output as it did at the lower price

a. it will sell exactly the same amount of output as it did at the lower price

b. it will lose some, but not all, of its sales

b. it will lose some, but not all, of its sales

c. its sales will decrease to zero

c. its sales will decrease to zero

d. its sales will increase

d. its sales will increase

#6. A perfectly inelastic demand curve is

a. a vertical straight line

a. a vertical straight line

b. a horizontal straight line

b. a horizontal straight line

c. a downward-sloping straight line

c. a downward-sloping straight line

d. an upward-sloping straight line

d. an upward-sloping straight line

#7. If a firm facing a perfectly inelastic demand curve raises its price,

a. it will still sell exactly the same amount of output as it did at the lower price

a. it will still sell exactly the same amount of output as it did at the lower price

b. it will lose some, but not all, of its sales

b. it will lose some, but not all, of its sales

c. its sales will decrease to zero

c. its sales will decrease to zero

d. its sales will increase

d. its sales will increase

#8. The more broadly a good is defined

a. the more substitutes it has, so its demand will be more elastic

a. the more substitutes it has, so its demand will be more elastic

b. the less substitutes it has, so its demand will be more elastic

b. the less substitutes it has, so its demand will be more elastic

c. the more substitutes it has, so its demand will be less elastic

c. the more substitutes it has, so its demand will be less elastic

d. the less substitutes it has, so its demand will be less elastic

d. the less substitutes it has, so its demand will be less elastic

#9. Which of the following effects a product’s price elasticity of demand?

a. ease or difficulty of substitution

a. ease or difficulty of substitution

b. the time factor

b. the time factor

c. how much of a necessity the product is to consumers

c. how much of a necessity the product is to consumers

d. all of the above

d. all of the above

#10. Which of the following is likely to have the most elastic demand?

a. beef steak

a. beef steak

b. beef (including steak, ribs, burgers, etc.)

b. beef (including steak, ribs, burgers, etc.)

c. meat (including beef, pork, chicken, etc.)

c. meat (including beef, pork, chicken, etc.)

d. protein foods (including meat, cheese, eggs, etc.)

d. protein foods (including meat, cheese, eggs, etc.)

#11. Advertising is related to price elasticity of demand

a. in no way whatsoever

a. in no way whatsoever

b. in that producers try to convince consumers that their particular product is a close substitute for virtually all other products in the industry

b. in that producers try to convince consumers that their particular product is a close substitute for virtually all other products in the industry

c. in that producers try to convince consumers that their particular product is unique, with no close substitutes

c. in that producers try to convince consumers that their particular product is unique, with no close substitutes

#12. Other things being equal, the price elasticity of demand for a product will be more elastic

a. if spending on the item is a very large proportion of the household’s budget

a. if spending on the item is a very large proportion of the household’s budget

b. if spending on the item is a very small proportion of the household’s budget

b. if spending on the item is a very small proportion of the household’s budget

c. when the price of the product is very low

c. when the price of the product is very low

d. for a product with no close substitutes

d. for a product with no close substitutes

#13. Price elasticity of demand and price elasticity of supply are both influenced by

a. the availability of close substitutes for the product

a. the availability of close substitutes for the product

b. the proportion of the consumer’s budget spent on the product

b. the proportion of the consumer’s budget spent on the product

c. the length of the adjustment period considered

c. the length of the adjustment period considered

#14. Price elasticity of supply is calculated as

a. the unit change in quantity supplied caused by a $1 change in price

a. the unit change in quantity supplied caused by a $1 change in price

b. the percent change in quantity supplied caused by a 1% change in price

b. the percent change in quantity supplied caused by a 1% change in price

c. the dollar change in price caused by a one-unit change in quantity supplied

c. the dollar change in price caused by a one-unit change in quantity supplied

d. the percent change in price caused by a 1% change in quantity supplied

d. the percent change in price caused by a 1% change in quantity supplied

#15. A perfectly elastic supply curve

a. has no relevance, since real-world supply curves are never perfectly elastic

a. has no relevance, since real-world supply curves are never perfectly elastic

b. is a horizontal straight line

b. is a horizontal straight line

c. is a vertical straight line

c. is a vertical straight line

d. is not a straight line

d. is not a straight line

#16. Which of the following products would be most likely to have a perfectly inelastic supply curve?

a. wheat

a. wheat

b. cigarettes

b. cigarettes

c. economic textbooks

c. economic textbooks

d. humidors used by President John F. Kennedy

d. humidors used by President John F. Kennedy

#17. The most important determinant of price elasticity of supply is

a. price elasticity of demand

a. price elasticity of demand

b. how rapidly costs increase when a firm increases its output

b. how rapidly costs increase when a firm increases its output

c. whether the production process relies heavily on capital or on labor

c. whether the production process relies heavily on capital or on labor

#18. Tax incidence refers to

a. who bears the burden of the tax

a. who bears the burden of the tax

b. the principle of taxation being applied

b. the principle of taxation being applied

c. the percent of a dollar of earned income which a typical household in that country pays in taxes

c. the percent of a dollar of earned income which a typical household in that country pays in taxes

d. the percent of government spending which is financed by taxes rather than by borrowing or by printing money

d. the percent of government spending which is financed by taxes rather than by borrowing or by printing money

#19. The burden of a sales tax

a. falls on consumers, who must pay the entire tax

a. falls on consumers, who must pay the entire tax

b. falls on producers, who must pay the entire tax

b. falls on producers, who must pay the entire tax

c. is paid partly by consumers and partly by producers, depending on price elasticity of demand and price elasticity of supply

c. is paid partly by consumers and partly by producers, depending on price elasticity of demand and price elasticity of supply

#20. Consumers pay a larger proportion of a sales tax if

a. demand and supply are both more elastic

a. demand and supply are both more elastic

b. demand and supply are both less elastic

b. demand and supply are both less elastic

c. demand is more elastic and supply is less elastic

c. demand is more elastic and supply is less elastic

d. demand is less elastic and supply is more elastic

d. demand is less elastic and supply is more elastic

#21. Governments tend to tax products

a. with inelastic demand, because it leads to higher revenue

a. with inelastic demand, because it leads to higher revenue

b. with elastic demand, because it leads to higher revenue

b. with elastic demand, because it leads to higher revenue

c. with elastic demand, because it leads to higher business profit

c. with elastic demand, because it leads to higher business profit

d. which they think are beneficial to society, because taxes lead to greater production

d. which they think are beneficial to society, because taxes lead to greater production

#22. Economists distinguish between normal and inferior goods using

a. price elasticity of demand

a. price elasticity of demand

b. price elasticity of supply

b. price elasticity of supply

c. income elasticity of demand

c. income elasticity of demand

d. tax incidence

d. tax incidence

#23. An inferior good is defined as one for which demand increases as

a. price decreases

a. price decreases

b. price increases

b. price increases

c. income increases

c. income increases

d. income decreases

d. income decreases

#24. Luxury goods are usually

a. price inelastic

a. price inelastic

b. income inelastic

b. income inelastic

c. income elastic

c. income elastic

d. goods with negative income elasticity

d. goods with negative income elasticity

#25. Income elasticity of demand is important to producers because it indicates

a. the probable decrease in sales when price is raised

a. the probable decrease in sales when price is raised

b. the probable increase in quantity supplied when price is raised

b. the probable increase in quantity supplied when price is raised

c. how a firm’s sales react to movements of the economy through the business cycle

c. how a firm’s sales react to movements of the economy through the business cycle

d. how a firm’s total revenue changes in response to a price increase

d. how a firm’s total revenue changes in response to a price increase

#26. Which of the following is not a cause of special problems in U.S. agricultural markets?

a. many factors which determine farm production are beyond the farmer’s control

a. many factors which determine farm production are beyond the farmer’s control

b. the demand for farm products tends to be price inelastic

b. the demand for farm products tends to be price inelastic

c. the demand for farm products tends to be income elastic

c. the demand for farm products tends to be income elastic

#27. Cross-price elasticity of demand is used to determine whether

a. a product is an inferior or normal good

a. a product is an inferior or normal good

b. a product is a necessity or a luxury

b. a product is a necessity or a luxury

c. two products are substitutes or complements

c. two products are substitutes or complements

d. price and total revenue are directly or inversely related

d. price and total revenue are directly or inversely related

#28. Substitutes are defined as products with

a. positive cross-price elasticity of demand

a. positive cross-price elasticity of demand

b. negative cross-price elasticity of demand

b. negative cross-price elasticity of demand

c. positive income elasticity of demand

c. positive income elasticity of demand

d. negative income elasticity of demand

d. negative income elasticity of demand

#29. Negative cross-price elasticity of demand indicates that

a. the product is an inferior good

a. the product is an inferior good

b. the product is a necessity

b. the product is a necessity

c. the product is a luxury

c. the product is a luxury

d. the two products are complements

d. the two products are complements

#30. The price elasticity of demand

a. unit elastic

a. unit elastic

b. perfectly inelastic

b. perfectly inelastic

c. perfectly elastic

c. perfectly elastic

d. somewhat elastic

d. somewhat elastic

#31. What is the price elasticity of demand

a. 0

a. 0

b. -1

b. -1

c. negative infinity

c. negative infinity

d. 1

d. 1

#32. The price elasticity of demand

a. unit elastic

a. unit elastic

b. somewhat elastic

b. somewhat elastic

c. perfectly elastic

c. perfectly elastic

d. perfectly inelastic

d. perfectly inelastic

#33. What is the price elasticity of demand

a. 0

a. 0

b. -1

b. -1

c. negative infinity

c. negative infinity

d. 1

d. 1

#34. What is the price elasticity of demand between $20 and $40

a. -1

a. -1

b. -3/7

b. -3/7

c. -2 1/3

c. -2 1/3

d. -7

d. -7

#35. What is the price elasticity of demand in the segment of the demand curve below $40 and above $20

a. elastic

a. elastic

b. inelastic

b. inelastic

c. unit elastic

c. unit elastic

d. 0

d. 0

#36. If a firm’s demand curve is illustrated in Exhibit 18-2 and it is currently charging $20, its total revenue will

a. remain unchanged, if it changes its price slightly

a. remain unchanged, if it changes its price slightly

b. increase, if it lowers its price substantially

b. increase, if it lowers its price substantially

c. increase, if it lowers its price slightly

c. increase, if it lowers its price slightly

d. increase, if it raises its price slightly

d. increase, if it raises its price slightly

#37. What is the price elasticity of supply between $10 and $20 on supply curve S in Exhibit 18-3

a. 0

a. 0

b. infinity

b. infinity

c. 1

c. 1

d. 2

d. 2

#38. What is the price elasticity of supply between $20 and $40 on supply curve S1 in Exhibit 18-3?

a. 0

a. 0

b. infinity

b. infinity

c. 1

c. 1

d. 2

d. 2

#39. Which supply curve tends to be more elastic in Exhibit 18-3?

a. both S and S1 have the same elasticity

a. both S and S1 have the same elasticity

b. S is more elastic at lower prices, and S’ is more elastic at higher prices

b. S is more elastic at lower prices, and S’ is more elastic at higher prices

c. S

c. S

d. S1

d. S1

Finish

वर दिलेल्या चाचणी मालिकेतील प्रश्न वेगवेगळ्या वेबसाईटवरून घेतले आहेत, याचे श्रेय त्यांनाच जाते, मी ते फक्त शैक्षणिक हेतूने शेअर करत आहे.

निष्कर्ष

या परीक्षांची पुरेशी तयारी करण्यासाठी विद्यार्थ्यांनी आवश्यक अभ्यासक्रम आणि मागील वर्षाच्या परीक्षेतील प्रश्नांचे पुनरावलोकन केले पाहिजे. कारण परीक्षेची वेळ मर्यादा अत्यंत कठोर असू शकते, वेळेचे व्यवस्थापन महत्त्वाचे आहे.

महाराष्ट्र बोर्डाच्या 12 व्या वर्गाच्या परीक्षांबद्दल अधिक माहिती मिळविण्यासाठी, तुम्हाला परीक्षेचे वेळापत्रक, अभ्यासक्रम आणि परीक्षेची माहिती मिळविण्यासाठी महाराष्ट्र शालेय परीक्षा मंडळाच्या अधिकृत वेबसाइटला भेट देणे आवश्यक आहे. तुम्ही तुमच्या शाळेशी किंवा आध्यात्मिक संस्थेशी संपर्क साधावा. ते तुम्हाला महाराष्ट्र बोर्ड 12वी इयत्तेबद्दल सर्वात विश्वासार्ह आणि अद्ययावत माहिती देऊ शकतात