Economics Class 11
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Questions and Answers

Which of the following is a key topic covered in Chapter 1 of the Economics Class 11 textbook?

  • Ancient history
  • Quantum physics
  • Supply and demand (correct)
  • Political science

    • What is the main purpose of studying Economics in Class 11?

  • Learning about marine biology
  • Studying the art of literature
  • Exploring the history of ancient civilizations
  • Understanding the production and consumption of goods and services (correct)

    • In Economics Class 11, what is the significance of learning about market equilibrium?

  • Understanding the balance between supply and demand (correct)
  • Exploring space exploration
  • Studying the principles of architecture
  • Learning about the history of fashion

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