Download Class 11 Economics Worksheets for Part A Microeconomics Chapter 05 Market Equilibrium
Review targeted practice sets for Class 11 Economics Part A Microeconomics Chapter 05 Market Equilibrium. Built according to official educational guidelines for the 2026-27 academic year, these downloadable worksheets support daily revision and core concept reinforcement.
Access Part A Microeconomics Chapter 05 Market Equilibrium Questions and Exercises
Access the complete worksheet PDF for Part A Microeconomics Chapter 05 Market Equilibrium below. Regular practice with these targeted questions builds familiarity with standard exam patterns and helps secure higher marks in final Economics evaluations.
MARKET EQUILIBRIUM
I. Answer in one sentence each
1. What does a firm’s supply curve tell us?
2. Define equilibrium quantity
3. When supply increases more than the increase in demand?
A. Price rises but quantity falls B. Price and quantity rises.
C. Price falls but quantity increases D. Both price and quantity falls.
4. What does excess demand mean in microeconomics?
5. Whom does the government intend to help by means of support price?
A. Producers B. Consumers C. Both producers and consumers
D. Distributors
II. Answer in around 60 words each
6. Define price ceiling. Explain using diagram. What are its consequences?
7. What are the major causes of shift in demand?
8. Explain the effect on market for a good for a given change in supply if demand curve of the product is perfectly inelastic.
9. Explain the effect of shift in demand curve to right on equilibrium price and quantity.
10. Explain the effect on market for tea if price of coffee rises.
III. Answer in around 75 words each
11. Suppose demand and supply functions are given as:-
QD = 700—P
QS == 500+3P
What could be equilibrium price and quantity?
If supply function of one firm is Qfs = 15+P and all the firms are having identical supply functions, find out the total number of firms in the market
12. Explain the consequence of increasing excise duty on a good by the government on its market price and quantity exchanged.
13. What happens to equilibrium price and quantity when demand curve shifts provided supply is perfectly inelastic?
IV. Answer in around 100 words each
14. Define equilibrium price. How is it determined in a market? Use a schedule and diagram in support of your answer.
15. What does price floor means? When does government use this measure? What are its consequences?
16. Explain the effect on market for cars if:
a. Price of steel increases.
b. Price of petrol falls.
Please click on below link to download CBSE Class 11 Economics Market Equilibrium Worksheet
Free study material for Economics
Practice Worksheet and Study Resources for Class 11 Economics Part A Microeconomics Chapter 05 Market Equilibrium
Part A Microeconomics Chapter 05 Market Equilibrium Printable Worksheet for Class 11 Economics
Review targeted practice exercises for Class 11 Economics Part A Microeconomics Chapter 05 Market Equilibrium. Curated to match official CBSE guidelines, these downloadable PDF sheets support daily revision and core concept reinforcement.
How to Use These Practice Sheets
Cross-reference your completed exercises with comprehensive NCERT solutions for Class 11 Economics to ensure absolute clarity across all sub-topics in this chapter.
Enhance Speed with Online Practice
Wrap up your chapter revision by testing your knowledge against standard question formats. Everything on our platform is provided free of charge.
FAQs
You can download the teacher-verified PDF for CBSE Class 12 Economics Market Equilibrium Worksheet from StudiesToday.com. These practice sheets for Class 11 Economics are designed as per the latest CBSE academic session.
Yes, our CBSE Class 12 Economics Market Equilibrium Worksheet includes a variety of questions like Case-based studies, Assertion-Reasoning, and MCQs as per the 50% competency-based weightage in the latest curriculum for Class 11.
Yes, we have provided detailed solutions for CBSE Class 12 Economics Market Equilibrium Worksheet to help Class 11 and follow the official CBSE marking scheme.
Daily practice with these Economics worksheets helps in identifying understanding gaps. It also improves question solving speed and ensures that Class 11 students get more marks in CBSE exams.
All our Class 11 Economics practice test papers and worksheets are available for free download in mobile-friendly PDF format. You can access CBSE Class 12 Economics Market Equilibrium Worksheet without any registration.