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Chapter 4 of 11
Important Questions

Supply

Gujarat Board · Class 11 · Economics

Most important questions from Supply for Gujarat Board Class 11 Economics board exam 2026. MCQs, short answer, and long answer questions with marks.

45 questions20 flashcards5 concepts

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45 Questions·
multiple choicemultiple correct

Sample Questions

1multiple correct

Which factors affect supply other than price?

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Cost of production, Level of technology, Future price expectations, Number of firms

Factors affecting supply include cost of production, technology level, future price expectations, and number of firms. Consumer income affects demand, not supply.

2multiple choice

The supply curve has a _____ slope.

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Positive

The supply curve has a positive slope because of the positive relationship between price and quantity supplied. As price rises, quantity supplied increases.

3multiple choice

What is expansion of supply?

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Increase in supply due to price rise

Expansion of supply occurs when quantity supplied increases due to a rise in price, while other factors remain constant. It's movement along the same supply curve.

4multiple correct

Which goods are exceptions to the law of supply?

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Rare goods like ancient coins, Perishable goods like milk

Rare goods (ancient coins, manuscripts) and perishable goods (milk, vegetables) are exceptions because their supply doesn't respond normally to price changes.

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Frequently Asked Questions

What are the important topics in Supply for Gujarat Board Class 11 Economics?
Supply covers several key topics that are frequently asked in Gujarat Board Class 11 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Supply — Gujarat Board Class 11 Economics?
Understand the core concepts first, then work through the 45 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.
How many important questions are there in Supply?
There are 45 practice questions available for Supply. These cover multiple question types including MCQs, short answer, and long answer questions.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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Quizzes, flashcards, AI doubt-solver and a step-by-step study plan for Gujarat Board Class 11 Economics.