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
#1. Total utility is maximum when:
#2. Consumer’s behaviour is studied in:
#3. The demand curve is generally ____ sloping.
#4. According to the law of demand, an increase in price leads to ____.
#5. When the TU is at maximum, what is the MU?
#6. When the price of substitute goods rises, the demand curve moves to the ____.
#7. There are some commodities for which demand moves in the opposite direction of the consumer's income. Such goods are referred to as _______.
#8. This curve depicts the aggregate demand of all consumers in the market at various levels of the good's price.
#9. The Law of Demand is evaluated from the point of view of:
#10. Which of the following is a characteristic of utility?