Theory of Consumer Behaviour MCQ Questions Class 12 Economics Chapter 2
NCERT MCQ Questions for Class 12 Economics Chapter 2 Theory of Consumer Behaviour. Theory of Consumer Behaviour MCQ Questions with Answers from Class 12 Economics.
1.) what is mean by utility?
(a) wants satisfying capacity
(b) satisfaction
(c) desire
(d) none of the above
Ans – Option (a)
2.) which of the following is measures of Utility.
(a) Cardinal utility
(b) Total utility
(c) marginal utility
(d) both (b) and(c)
Ans-option(d)
3.) which of the following statement is correct.
(a) MU becomes Constanta a level when TU remains zero.
(b) MU becomes more at a level when TU remains less.
(c) MU becomes zero at a level when TU remains constant.
(d) MU and TU both are equal
Ans-option (c)
4.) Demand for any commodity depend upon.
(a) price of other commodity
(b) income of consumer
(c) testes and preference
(d) All the above
Ans – option (d)
5.) What is demand?
(a) The quantity of a commodity that consumer is willing to buy .
(b) commodity which give you utility.
(c) want satisfying power of commodity
(d) None of the above
Ans-option (a)
6.) Which of the following statement is incorrect.
(a) cardinal utility analysis is simple to understand.
(b) cardinal utility measure in numbers.
(c)In real life we can easily express utility in form of number.
(d)ordinal utility measure by giving ranks.
Ans – Option (c)
7.) The most common shape of an indifferent curve is.
(a) parallel to x axis
(b)concave of the origin
(c) convex of the origin
(d) parallel to y axis
Ans – option (c)
- In case you have missed:- Previous Chapter MCQ Questions
8.) which of the following is correct statement .
(a) Higher indifferent curve gives lower level utility
(b) Two indifferent curve never intersect each other
(c) The most common shape of indifferent curve is concave
(d) lower indifferent curve gives greater level of utility.
Ans – Option (b)
9.) The set of available bundles depends on the
(a) price of the two good
(b) the income of the consumer
(c) utility of goods
(d) both (a) and (b)
Ans – Option (d)
10.) If the income of consumer increases
(a) consumer demand decreases
(b)change in consumers demands
(c) consumer can buy more of good at the market price
(d) None of the above
Ans – Option (c)
11.) In economics it is assumed that the consumer chooses her consumption bundle on the basis of…
(a) Income
(b) tests and preferences
(c) consumer utility
(d) None of the above
Ans – Option (b)
12.) The amount of a good that the consumer chooses optimally depends on
(a) the price of other good
(b) the consumer’s income
(c) the price of the good itself
(d) All the above
Ans – option (d)
13.) The relation between the consumer’s optimal choice of the quantity of good and its price is called
(a) price function
(b) demand function
(c) consumer function
(d) income function
Ans – option (b)
14.) The graphical representation of the demand function is called
(a) demand curve
(b) indifferent curve
(c) income curve
(d) None of the above
Ans – option (a)
- In case you have missed:- Next Chapter MCQ Questions
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