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MCQ Worksheet for The Price Puzzle: What Drives the Market Class 9

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1. Question 1 [1 mark]
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A flight ticket to Goa booked 3 months in advance costs Rs 5,000. The same ticket booked 1 day before departure costs Rs 8,000. What explains the higher price 1 day before?
(A)
Many tickets are already booked, so supply is low while demand stays high
(B)
The airline always raises prices on the last day as a rule
(C)
Fewer people travel to Goa close to the departure date
(D)
The airport charges a higher landing fee at the last minute
2. Question 2 [1 mark]
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What do prices of goods and services mainly react to, according to the chapter's introduction?
(A)
What people want (demand) and how much is available (supply)
(B)
Only the cost the shopkeeper paid for the product
(C)
Only government-announced rates
(D)
Random day-to-day changes with no clear cause
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About this MCQ Worksheet

This mcq worksheet is designed for Class 9 Social Science practice from The Price Puzzle: What Drives the Market Class 9. It uses the question types selected for this worksheet and keeps the preview representative of the complete set.

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