CBSE Class 11 Economics Theory of Consumer Behaviour Quiz 1

Quiz Guides

Quiz Guides

CBSE

CBSE › Class 11 › Economics › Theory of Consumer Behaviour

1/10

0:00

1. Who gave the cardinal concept of utility?

A Marshall B Pigou C Hicks D Samuelson

2. Consumer’s behaviour is studied in:

A Micro Economics B Macro Economics C Income Analysis D None of these

3. Which of the following statement is true ?

A Utility means want-satisfying power B Utility is a function of intensity of desire C Desire of consumption gives birth to utility D All of these

4. Which is the First Law of Gossen?

A Law of Demand B Law of Diminishing Marginal Utility C Law of Equi-marginal Utility D Consumer’s Surplus

5. Which of the following is a characteristic of utility ?

A Utility is a psychological phenomenon B Utility is subjective C Utility is a relative concept D All of these

6. How we calculate marginal utility ?

A ∆TU/∆Q B ∆MU/∆Q C ∆Q/∆TU D ∆Q/∆MU

7. When TU becomes maximum, MU is:

A Positive B Negative C Zero D None of these

8. Which of the following is true ?

A TU increases till MU is positive B TU is maximum when MU is equal to zero C TU declines when MU is negative D All of these

9. Who basically propounded the concept of Law of Equimarginal Utility ?

A Marshall B Gossen C Ricardo D J. S. Mill

10. In difference curve is:

A Convex to the origin B Concave to the origin C Both (a) and (b) true D All of these false

Practice more on Theory of Consumer Behaviour

Quiz 1 Quiz 2 Quiz 3 Quiz 4 Quiz 5 Quiz 6 Quiz 7

Free chapter-wise MCQ practice with instant answers and explanations for CBSE classes 6–12 — plus timed mock tests. Learn smarter, score higher.