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Free MCQ’s Quiz on Class 11 Economics Chapter 2 – Theory of Consumer Behaviour – Set 2

Free MCQ’s Quiz for Class 11 Economics Chapter 2 – Theory of Consumer Behaviour with Answers is prepared based on the latest CBSE Exam Pattern for the Academic Session. Students can solve NCERT based Class 11th Economics – ‘Theory of Consumer Behaviour’ Multiple Choice Questions with Answers to know their preparation level on the Success Roar Classes website.

Here, we have provided Free MCQ’s Quiz on Class 11 Economics Chapter 2 – Theory of Consumer Behaviour. Theory of Consumer Behaviour is the study of the selection, purchase, usage and provision of ideas, products and services by individual customers, groups or organisations to satisfy their requirements and needs.

To make you perfect in this topic – Theory of Consumer Behaviour, we are here with a set of MCQs Quiz that will help you in brushing up the understanding of the concepts.

Free MCQ’s on Theory of Consumer Behaviour.

Each set of MCQ’s consists of 10 Questions and you can see the results immediately after submitting the Set.

Free MCQ’s on Theory of Consumer Behaviour

Results

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#1. Who originated the fundamental concept of utility?

#2. Which of the following elements is necessary for demand?

#3. Which statement is true of the following?

#4. What is Gossen's First Law?

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

#6. What is the formula for calculating marginal utility?

#7. When TU reaches its maximum value, MU is:

#8. Who first proposed the concept of the Law of Equimarginal Utility?

#9. The ability of a product to satisfy human desires is referred to as its:

#10. The utility can be calculated as follows:

finish

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