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Chapter 6 

Demand and Supply

Multiple Choice Questions

1. Demand for a commodity is effective when there is

āϏাāĻŽāĻ—্ā§°ী āĻāϟাā§° āϚাāĻšিāĻĻা āĻ•াā§°্āϝāϕ⧰ী āĻšāϝ় āϝেāϤিāϝ়া āĻĨাāĻ•ে

(a) Desire to buy 

āĻ•্ā§°āϝ় āϕ⧰াā§° āφāĻ•াংāĻ•্āώা 

(b) Capacity to Buy

āĻ•্ā§°āϝ় āϕ⧰াā§° āĻ•্āώāĻŽāϤা 

(c) Both of them.

āϤেāĻ“ঁāϞোāĻ• āĻĻুāϝ়ো।

Answer: (c) Both of them. (āϤেāĻ“ঁāϞোāĻ• āĻĻুāϝ়ো।)।

2. Demand is direct in case indicates

āϝāĻĻি āχংāĻ—িāϤ āĻĻিāϝ়ে āϚাāĻšিāĻĻা āĻĒোāύāĻĒāϟীāϝ়া āĻšāϝ়

(a) Cotton 

āĻ•āĻĒাāĻš

(b) Motor bike 

āĻŽāϟ⧰ āĻŦাāχāĻ• 

(c) Labour

āĻļ্ā§°āĻŽ

(d) Machine

āϝāύ্āϤ্ā§°

Answer: (b) Motor bike (āĻŽāϟ⧰ āĻŦাāχāĻ•)।

3. Law of demand indicates

āϚাāĻšিāĻĻাā§° āύিāϝ়āĻŽে āϏূāϚাāϝ়

(a) More demand at the same price 

āĻāĻ•ে āĻŽূāϞ্āϝāϤ āĻ…āϧিāĻ• āϚাāĻšিāĻĻা 

(b) More demand at the higher price

āĻ…āϧিāĻ• āĻŽূāϞ্āϝāϤ āĻ…āϧিāĻ• āϚাāĻšিāĻĻা

(c) More demand at the lower price.

āĻ•āĻŽ āĻŽূāϞ্āϝāϤ āĻ…āϧিāĻ• āϚাāĻšিāĻĻা।

Answer: 

4. Extension in demand means

āϚাāĻšিāĻĻা āϏāĻŽ্āĻĒ্ā§°āϏাā§°āĻŖā§° āĻ…ā§°্āĻĨ āĻšৈāĻ›ে 

(a) Same demand at lower price

āĻ•āĻŽ āĻĻাāĻŽāϤ āĻāĻ•েāχ āϚাāĻšিāĻĻা

(b) More demand at lower price

āĻ•āĻŽ āĻŽূāϞ্āϝāϤ āĻ…āϧিāĻ• āϚাāĻšিāĻĻা

(c) Less demand at lower price.

āĻ•āĻŽ āĻŽূāϞ্āϝāϤ āĻ•āĻŽ āϚাāĻšিāĻĻা।

Answer: (b) More demand at lower price (āĻ•āĻŽ āĻŽূāϞ্āϝāϤ āĻ…āϧিāĻ• āϚাāĻšিāĻĻা)।

5. Contraction in demand occurs when there is

āϚাāĻšিāĻĻা āϤāϏংāĻ•োāϚāύ āĻšāϝ় āϝেāϤিāϝ়া āĻĨাāĻ•ে

(a) Less demand at higher price

āĻ…āϧিāĻ• āĻŽূāϞ্āϝāϤ āĻ•āĻŽ āϚাāĻšিāĻĻা

(b) Same demand at the higher price

āωāϚ্āϚ āĻŽূāϞ্āϝāϤ āĻāĻ•েāχ āϚাāĻšিāĻĻা

(c) Less demand at lower price

āĻ•āĻŽ āĻŽূāϞ্āϝāϤ āĻ•āĻŽ āϚাāĻšিāĻĻা

Answer: (a) Less demand at higher price (āĻ…āϧিāĻ• āĻŽূāϞ্āϝāϤ āĻ•āĻŽ āϚাāĻšিāĻĻা)।

6. Decrease in demand occurs when there is

āϚাāĻšিāĻĻা āĻš্ā§°াāϏ āĻšāϝ় āϝেāϤিāϝ়া āĻĨাāĻ•ে 

(a) Less demand at the same price 

āĻāĻ•ে āĻĻাāĻŽāϤ āĻ•āĻŽ āϚাāĻšিāĻĻা 

(b) Less demand at the higher price

āωāϚ্āϚ āĻŽূāϞ্āϝāϤ āĻ•āĻŽ āϚাāĻšিāĻĻা

(c) Neither of the two

āĻĻুāϝ়োāϟাā§° āĻ•োāύোāϟোā§ąেāχ āύāĻšāϝ়

Answer: (a) Less demand at the same price (āĻāĻ•ে āĻĻাāĻŽāϤ āĻ•āĻŽ āϚাāĻšিāĻĻা)।

7. Increase in demand occurs when there is 

āϚাāĻšিāĻĻা āĻŦৃāĻĻ্āϧি āĻšāϝ় āϝেāϤিāϝ়া āĻĨাāĻ•ে

(a) More demand at the same price 

āĻāĻ•ে āĻŽূāϞ্āϝāϤ āĻ…āϧিāĻ• āϚাāĻšিāĻĻা 

(b) Same demand at a higher price 

āĻ…āϧিāĻ• āĻŽূāϞ্āϝāϤ āĻāĻ•েāχ āϚাāĻšিāĻĻা 

(c) Both of them

āĻĻুāϝ়োāϟা

Answer: (c) Both of them (āĻĻুāϝ়োāϟা)।

8. Law of supply refers to 

āϝোāĻ—াāύ⧰ āύিāϝ়āĻŽāĻŽাāύে āĻŦুāϜাāϝ় 

(a) More supply at lower price 

āĻ•āĻŽ āĻŽূāϞ্āϝāϤ āĻ…āϧিāĻ• āϝোāĻ—াāύ

(b) Less supply at higher price 

āĻ…āϧিāĻ• āĻŽূāϞ্āϝāϤ āĻ•āĻŽ āϝোāĻ—াāύ

(c) More supply at higher price

āĻ…āϧিāĻ• āĻŽূāϞ্āϝāϤ āĻ…āϧিāĻ• āϝোāĻ—াāύ  

Answer: (c) More supply at higher price (āĻ…āϧিāĻ• āĻŽূāϞ্āϝāϤ āĻ…āϧিāĻ• āϝোāĻ—াāύ)।

9. The increase in supply occurs when there is 

āϝোāĻ—াāύ āĻŦৃāĻĻ্āϧি āĻšāϝ় āϝেāϤিāϝ়া āĻĨাāĻ•ে

(a) More supply at the lower price 

āĻ•āĻŽ āĻŽূāϞ্āϝāϤ āĻ…āϧিāĻ• āϝোāĻ—াāύ

(b) Same supply at the lower price

āĻ•āĻŽ āĻĻাāĻŽāϤ āĻāĻ•েāχ āϝোāĻ—াāύ

(c) Neither of the two

āĻĻুāϝ়োāϟাā§° āĻ•োāύোāϟোā§ąেāχ āύāĻšāϝ়

Answer: (b) Same supply at the lower price (āĻ•āĻŽ āĻĻাāĻŽāϤ āĻāĻ•েāχ āϝোāĻ—াāύ)।

Very Short Answer Type Questions

āĻ…āϤি āϚāĻŽু āωāϤ্āϤ⧰ āĻĒ্ā§°āĻ•াā§°ā§° āĻĒ্ā§°āĻļ্āύ

1. Define demand.

āϚাāĻšিāĻĻা āύিā§°্āϧাā§°āĻŖ āϕ⧰া।

Answer:

2. What is price demand?

āĻŽূāϞ্āϝ⧰ āϚাāĻšিāĻĻা āĻ•িāĻŽাāύ?

Answer:

3. What is income demand?

āωāĻĒাā§°্āϜāύ⧰ āϚাāĻšিāĻĻা āĻ•িāĻŽাāύ?

Answer:

4. What is the meaning of cross demand?

āĻ•্ā§°āĻ› āĻĄিāĻŽাāĻŖ্āĻĄā§° āĻ…ā§°্āĻĨ āĻ•ি?

Answer:

5. What is demand function?

āϚাāĻšিāĻĻা āĻ•াā§°্āϝ āĻ•ি?

Answer:

6. What is the law of demand?

āϚাāĻšিāĻĻাā§° āύিāϝ়āĻŽ āĻ•ি?

Answer:

7. Give the meaning of extension in demand.

āϚাāĻšিāĻĻাāϏāĻŽ্āĻĒ্ā§°āϏাā§°āĻŖā§° āĻ…ā§°্āĻĨ āĻĻিāϝ়āĻ•।

Answer:

8. What is contraction in demand?

āϚাāĻšিāĻĻাāϤ āϏংāĻ•োāϚāύ āĻ•ি?

Answer:

9. Define increase in demand.

āϚাāĻšিāĻĻা āĻŦৃāĻĻ্āϧিā§° āϏংāϜ্āĻžা āĻĻিāϝ়āĻ•।

Answer:

10. What is meant by decrease in demand?

āϚাāĻšিāĻĻা āĻš্ā§°াāϏ āĻšোā§ąাā§° āĻ…ā§°্āĻĨ āĻ•ি?

Answer:

11. What is law of supply?

āϝোāĻ—াāύ⧰ āύিāϝ়āĻŽ āĻ•ি?

Answer:

12. What is extension in supply. 

āϝোāĻ—াāύāϤ āϏāĻŽ্āĻĒ্ā§°āϏাā§°āĻŖ āĻ•ি।

Answer:

13. Define contraction in supply?

āϝোāĻ—াāύāϤ āϏংāĻ•োāϚāύ āύিā§°্āϧাā§°āĻŖ āϕ⧰িāĻŦ āύেāĻ•ি?

Answer: 

14. What is increase in supply?

āϝোāĻ—াāύ āĻ•িāĻŽাāύ āĻŦৃāĻĻ্āϧি āĻšāϝ়?

Answer:

15. What is the meaning of decrease in supply?

āϝোāĻ—াāύ āĻš্ā§°াāϏ āĻšোā§ąাā§° āĻ…ā§°্āĻĨ āĻ•ি?

Answer:

Short Answer Type Questions

āϚāĻŽু āωāϤ্āϤ⧰āĻĒ্ā§°āĻ•াā§°ā§° āĻĒ্ā§°āĻļ্āύ

1. What are price demand and income demand?

āĻŽূāϞ্āϝ⧰ āϚাāĻšিāĻĻা āφ⧰ু āωāĻĒাā§°্āϜāύ⧰ āϚাāĻšিāĻĻা āĻ•ি?

Answer:

2. What is meant by joint and composite demand?

 āϝৌāĻĨ āφ⧰ু āϝৌāĻ—িāĻ• āϚাāĻšিāĻĻাā§° āĻ…ā§°্āĻĨ āĻ•ি?

Answer:

3. Distinguish between direct and derived demand.

āĻĒ্ā§°āϤ্āϝāĻ•্āώ āφ⧰ু āĻĒ্ā§°াāĻĒ্āϤ āϚাāĻšিāĻĻাā§° āĻŽাāϜāϤ āĻĒাā§°্āĻĨāĻ•্āϝ āϕ⧰া।

Answer:

4. What is individual demand schedule?

āĻŦ্āϝāĻ•্āϤিāĻ—āϤ āϚাāĻšিāĻĻাā§° āϏāĻŽāϝ়āϏূāϚী āĻ•ি?

Answer:

5. Give the meaning of the law of demand.

āϚাāĻšিāĻĻাā§° āύিāϝ়āĻŽā§° āĻ…ā§°্āĻĨ āĻĻি⧟া।

Answer:

6. Distinguish between extension and increase in demand.

āϏāĻŽ্āĻĒ্ā§°āϏাā§°āĻŖ āφ⧰ু āϚাāĻšিāĻĻা āĻŦৃāĻĻ্āϧিā§° āĻŽাāϜāϤ āĻĒাā§°্āĻĨāĻ•্āϝ āϕ⧰া।

Answer:

7. Differentiate between contraction and decrease in demand.

āϏংāĻ•োāϚāύ āφ⧰ু āϚাāĻšিāĻĻা āĻš্ā§°াāϏ⧰ āĻŽাāϜāϤ āĻĒাā§°্āĻĨāĻ•্āϝ āϕ⧰া।

Answer:

8. Give the meaning of supply and supply function.

 āϝোāĻ—াāύ āφ⧰ু āϝোāĻ—াāύ āĻĢাংāϚāύ⧰ āĻ…ā§°্āĻĨ āĻĻিāϝ়া।

Answer:

9. State the law of supply. What are its assumptions?

āϝোāĻ—াāύ⧰ āύিāϝ়āĻŽ āωāϞ্āϞেāĻ– āϕ⧰া। āχāϝ়াā§° āϧাā§°āĻŖাāĻŦোā§° āĻ•ি?

Answer:

10. What is the difference between extension and contraction in supply?

āϝোāĻ—াāύ⧰ āϏāĻŽ্āĻĒ্ā§°āϏাā§°āĻŖ āφ⧰ু āϏংāĻ•োāϚāύ⧰ āĻŽাāϜāϤ āĻĒাā§°্āĻĨāĻ•্āϝ āĻ•ি?

Answer:

11. Distinguish between increase and decrease in supply.

āϝোāĻ—াāύ āĻŦৃāĻĻ্āϧি āφ⧰ু āĻš্ā§°াāϏ⧰ āĻŽাāϜāϤ āĻĒাā§°্āĻĨāĻ•্āϝ āϕ⧰া।

Answer:

Long Answer Type Questions

āĻĻীāϘāϞীāϝ়া āωāϤ্āϤ⧰⧰ āĻĒ্ā§°āĻļ্āύ

1. What are the types of demand?

āϚাāĻšিāĻĻাā§° āĻĒ্ā§°āĻ•াā§°āĻŦোā§° āĻ•ি?

Answer:

2. Explain briefly the individual and market demand schedules.

āĻŦ্āϝāĻ•্āϤিāĻ—āϤ āφ⧰ু āĻŦāϜাā§°ā§° āϚাāĻšিāĻĻাā§° āϏāĻŽāϝ়āϏূāϚী āϚāĻŽুāĻ•ৈ āĻŦā§°্āĻŖāύা āϕ⧰া।

Answer:

3. Explain the law of demand with the help of labelled diagram.

āϞেāĻŦেāϞ āϝুāĻ•্āϤ āύāĻ•্āϏাā§° āϏāĻšাāϝ়āϤ āϚাāĻšিāĻĻাā§° āύিāϝ়āĻŽāĻŦ্āϝাāĻ–্āϝা āϕ⧰া।

Answer:

4. Explain the causes of the downward slops of demand curve.

āϚাāĻšিāĻĻা āĻŦāĻ•্ā§°ā§° āϤāϞ⧰ āϏ্āϞāĻĒā§° āĻ•াā§°āĻŖāĻŦোā§° āĻŦā§°্āĻŖāύা āϕ⧰া।

Answer:

5. Explain the changes in demand.

āϚাāĻšিāĻĻাā§° āĻĒā§°িā§ąā§°্āϤāύāĻŦোā§° āĻŦā§°্āĻŖāύা āϕ⧰া।

Answer:

6. What are the factors which causes shifts in demand curve?

āϚাāĻšিāĻĻা āĻŦāĻ•্ā§°ā§° āĻĒā§°িā§ąā§°্āϤāύ⧰ āĻ•াā§°āĻŖāĻŦোā§° āĻ•ি āĻ•ি?

Answer:

7. "All inferior goods are not Giffen goods. Give reasons to support your answer.

"āϏāĻ•āϞো āύিāĻŽ্āύāĻŽাāύ⧰ āϏাāĻŽāĻ—্ā§°ী āĻ—িāĻĢেāύ āϏাāĻŽāĻ—্ā§°ী āύāĻšāϝ়। āφāĻĒোāύাā§° āωāϤ্āϤ⧰ āϏāĻŽā§°্āĻĨāύ āϕ⧰াā§° āĻ•াā§°āĻŖ āĻĻিāϝ়া।

Answer:

8. Give the meaning of supply, supply function and supply schedule.

āϝোāĻ—াāύ, āϝোāĻ—াāύ āĻ•াā§°্āϝ āφ⧰ু āϝোāĻ—াāύ⧰ āϏāĻŽāϝ়āϏূāϚীā§° āĻ…ā§°্āĻĨ āĻĻিāϝ়āĻ•।

Answer:

9. Distinguish between the following: (i) Extension and contraction in supply, (ii) Increase and decrease in supply.

āύিāĻŽ্āύāϞিāĻ–িāϤāĻŦোā§°ā§° āĻŽাāϜāϤ āĻĒাā§°্āĻĨāĻ•্āϝ: (āφāχ) āϝোāĻ—াāύ⧰ āϏāĻŽ্āĻĒ্ā§°āϏাā§°āĻŖ āφ⧰ু āϏংāĻ•োāϚāύ, (āφāχāφāχ) āϝোāĻ—াāύ āĻŦৃāĻĻ্āϧি āφ⧰ু āĻš্ā§°াāϏ।

Answer:

Very Long Answer Type Questions

āĻ…āϤি āĻĻীāϘāϞীāϝ়া āωāϤ্āϤ⧰⧰ āĻĒ্ā§°āĻļ্āύ

1. What is meant by demand? What are its kinds?

āϚাāĻšিāĻĻাā§° āĻ…ā§°্āĻĨ āĻ•ি? āχāϝ়াā§° āĻĒ্ā§°āĻ•াā§°āĻŦোā§° āĻ•ি?

Answer:

2. Explain clearly the law of demand. Why does it apply? What are its exceptions?

āϚাāĻšিāĻĻাā§° āύিāϝ়āĻŽāϏ্āĻĒāώ্āϟāĻ­াā§ąে āĻŦā§°্āĻŖāύা āϕ⧰া। āĻāχāϟো āĻ•িāϝ় āĻĒ্ā§°āϝোāϜ্āϝ āĻšāϝ়? āχāϝ়াā§° āĻŦ্āϝāϤিāĻ•্ā§°āĻŽāĻŦোā§° āĻ•ি?

Answer:

3. Make a distinguish between the following:

āύিāĻŽ্āύāϞিāĻ–িāϤāĻŦোā§°ā§° āĻŽাāϜāϤ āĻĒাā§°্āĻĨāĻ•্āϝ āĻāϟা āϕ⧰া:

(i) Extension and increase in demand.

āϏāĻŽ্āĻĒ্ā§°āϏাā§°āĻŖ āφ⧰ু āϚাāĻšিāĻĻা āĻŦৃāĻĻ্āϧি।

(ii) Contraction and decrease in demand.

āϏংāĻ•োāϚāύ āφ⧰ু āϚাāĻšিāĻĻা āĻš্ā§°াāϏ।

Answer:

4. What are the changes in demand? What factors cause changes in demand?

āϚাāĻšিāĻĻাā§° āĻĒā§°িā§ąā§°্āϤāύāĻŦোā§° āĻ•ি? āĻ•ি āĻ•াā§°āϕ⧰ āĻĢāϞāϤ āϚাāĻšিāĻĻাā§° āĻĒā§°িā§ąā§°্āϤāύ āĻšāϝ়?

Answer:  

5. Explain clearly the changes in supply.

āϝোāĻ—াāύ⧰ āĻĒā§°িā§ąā§°্āϤāύāĻŦোā§° āϏ্āĻĒāώ্āϟāĻ•ৈ āĻŦā§°্āĻŖāύা āϕ⧰া।

Answer:


Questions Type_Bhabesh Bora



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