Maharashtra State Board Class 11 Economics Chapter 11 MCQ 5 — Theory of Supply

Multiple choice question (MCQ) for Maharashtra State Board Class 11 Economics Chapter 11 (Theory of Supply). Practice with answer and detailed explanation.

❓ Question

What is Theory of Supply? Explain its significance with examples.

A) Theory of Supply is directly proportional to the applied force

B) Theory of Supply remains constant under all conditions

C) Theory of Supply varies according to the fundamental principle ✓ Correct Answer

D) None of the above statements about Theory of Supply are correct

📖 Explanation

The correct answer is C because Theory of Supply follows the fundamental principle that governs its behavior under given conditions. Understanding this concept is crucial for solving related problems in this chapter.

📚 About This Chapter

This chapter covers Theory of Supply in Class 11 Economics. Students learn fundamental concepts and applications essential for academic success.

This MCQ tests your understanding of Theory of Supply. Practice more MCQs to strengthen your grasp of key concepts and prepare effectively for Maharashtra State Board board exams.

Practice 100+ MCQs on Theory of Supply with instant AI feedback — try Stride free →

MCQ 5

Current

Master footer with Stride's AI Tutor

Personal AI teacher, unlimited practice, voice + whiteboard explanations. Free trial — no credit card.

Start Learning Free →