CBSE Class 12 Economics Market Competition Online Test Set A

Refer to CBSE Class 12 Economics Market Competition Online Test Set A below. Students of Class 12 Economics can do the below online test and refer to the full list of free Class 12 Economics Mock Online Test provided below. These online Mock tests for Economics in Class 12 have been designed based on the pattern of questions expected to come in the upcoming Class 12 examinations and the latest syllabus issued by CBSE, NCERT and KVS and to help students strengthen their understanding of key topics. We have also provided MCQ Questions for Class 12 Economics with answers for all topics.

Online Mock Test for Class 12 Economics Part A Microeconomics Chapter 5 Market Competition

In the online practice Mock test for Economics Part A Microeconomics Chapter 5 Market Competition you can see the list of questions below with options out of which you have to select one correct answer and after completing the test you can check your answers and score. This mock test will help Class 12 students to check understanding of all topics in Part A Microeconomics Chapter 5 Market Competition. This includes multiple choice questions from Class 12 Economics book to test your knowledge and boost confidence.

Part A Microeconomics Chapter 5 Market Competition Economics Class 12 Mock Test

1. Monopolist can determine:

2. An increases in the price of mutton provides information which:

3. Which of the following correctly describes how price adjustments eliminate a shortage?

4. Wants, as opposed to demands,

5. The law of demand implies that demand curves

6. A change in the price of a good

7. Wheat is the main input in the production of flour. If the price of wheat increases, all else equal, we would expect

8. Which of the following can lead to an increase in the supply for good X?

9. On which type of good the government fixes the price floor?

10. An increase in the number of fast-food restaurants

11. When the price is higher than the equilibrium price,

12. The law of demand states that, other things remaining the same, the higher the price of a good, the

13. The quantity at the equilibrium price where the sellers are willing to sell and consumers are willing to buy

14. Normal goods are those for which demand decreases as

15. Inferior goods are those for which demand increases as

16. The law of demand implies that if nothing else changes, there is

17. If the price of a substitute to good X increases, then

18. If, at the current price, there is a shortage of a good,

19. What will be the opportunity cost of labour’s leisure hours when the wage rate increases?

20. If the price of a good changes but everything else influencing suppliers’ planned sales remains constant, there is a

21. If good A is a normal good and income increases, the equilibrium price of A

22. What is the impact of a shift in supply curve on the equilibrium price and quantity?

23. How does the government overcome with a problem of shortage of supply or unequal distribution?

24. Holding all else constant, a higher price for ski lift tickets would be expected to

CBSE Economics Mock online test Class 12 Part A Microeconomics Chapter 5 Market Competition

The above link for CBSE Class 12 Economics Market Competition Online Test Set A will help you to check your understanding of all important concepts which have been prepared based on latest CBSE Class 12 syllabus. The free online mock tests for Part A Microeconomics Chapter 5 Market Competition CBSE Class 12 should be used by students to check their understanding. We bring here the biggest collection of Part A Microeconomics Chapter 5 Market Competition Class 12 Economics MCQ Test to help you prepare properly and get highest rank in exams. Students can attempt the mock tests for Class 12 Economics as many number of times as they want and also download a passing certificate after they have cleared the online test. These mock online tests for Class 12 Economics Part A Microeconomics Chapter 5 Market Competition have been developed by our teachers after thorough review of the latest book and based on pattern of questions in upcoming exams.

Improve your preparation with CBSE Class 12 Economics Market Competition Online Test Set A

The Part A Microeconomics Chapter 5 Market Competition mock online tests for CBSE Class 12 Economics has been designed by our teachers to improve your understanding of this chapter. These online mock tests are structured so that it feels like real exam condition for students so that they can build their confidence and accuracy of answers. By daily practicing these MCQ based questions for Class 12 Economics with answers students will be able to identify key topics to focus on and improve performance. The mock tests have been updated as per the latest NCERT book for Class 12 Economics to help in your exam preparation.

Why choose to do CBSE Class 12 Economics Market Competition Online Test Set A?

Daily practicing the Part A Microeconomics Chapter 5 Market Competition mock tests for Class 12 Economics has several benefits as they help to familiarize students with important concepts and effective time management skills. Each mock test for chapter Part A Microeconomics Chapter 5 Market Competition given above includes a variety of questions that  have been selected from Question Papers for Class 12 Economics and cover all important topics so that you have full preparation. After completing the CBSE Class 12 Economics Market Competition Online Test Set A, Class 12 students can review the answers to identify mistakes and improve further. Access these free Class 12 online mock tests anytime and take a step closer to achieving excellence in your Economics exams.

How to do Mock Test for Class 12 Economics Part A Microeconomics Chapter 5 Market Competition?

Follow these simple steps to attempt the test:
a. The CBSE Class 12 Economics Market Competition Online Test Set A has 15-20 questions for Class 12 students as per CBSE Class 12 Economics Sample Papers pattern.
b. Each Part A Microeconomics Chapter 5 Market Competition question has four options, students of Class 12 must read the question carefully and choose the correct answer.
c. Answer all questions given above for CBSE Class 12 Economics Market Competition Online Test Set A.
d. Once you have answered all the Part A Microeconomics Chapter 5 Market Competition Class 12 MCQ based questions, click on the Submit button.
e. Your score of Online test for CBSE Class 12 Economics Market Competition Online Test Set A will be shown instantly above.
f. To check your mistakes in MCQ based test for Part A Microeconomics Chapter 5 Market Competition in Economics for Class 12, scroll up and see the correct answers.
g. You can attempt the CBSE Class 12 Economics Market Competition Online Test Set A as many times to improve your score in CBSE Class 12 Economics exams.

Where can I attempt latest CBSE Online Mock Test for Class 12 Economics Part A Microeconomics Chapter 5 Market Competition for 2025

You can do the CBSE 2025 Mock Online Test for Class 12 Economics Part A Microeconomics Chapter 5 Market Competition for latest session from StudiesToday.com

Is the Class 12 Economics Part A Microeconomics Chapter 5 Market Competition Mock Online Test based on latest books

Yes, the Mock Online Test for Class 12 Economics Part A Microeconomics Chapter 5 Market Competition have been made available here for latest 2025 academic session

How can I improve my scores by using the Mock Online Test in Class 12 Economics for Part A Microeconomics Chapter 5 Market Competition

Doing studies and then attempting the Mock Online Test given on studiestoday for Class 12 subject Economics and chapter Part A Microeconomics Chapter 5 Market Competition can help you to score better marks in exams

Are there any websites that offer free Mock Online Test for Class 12 Economics for Part A Microeconomics Chapter 5 Market Competition

Yes, studiestoday.com provides all latest CBSE Class 12 Economics Part A Microeconomics Chapter 5 Market Competition Mock Online Test based on latest suggested books for current academic session

Can I check my marks and correct answers after completing mock test for Part A Microeconomics Chapter 5 Market Competition Class 12 Economics?

You can check score and correct answers after clicking completing the mock test and clicking submit button for CBSE Class 12 Economics Part A Microeconomics Chapter 5 Market Competition