CBSE Class 11 Theory of Consumer Behaviour Multiple Choice Questions with Answers. MCQ Questions Class 11 Theory of Consumer Behaviour with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 Theory of Consumer Behaviour with Answers to know their preparation level.
Students who are searching for NCERT MCQ Questions Class 11 Theory of Consumer Behaviour with Answers are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 11 Theory of Consumer Behaviour with Answers. You can also verify your answers from the provided MCQ Class 11 Theory of Consumer Behaviour with Answers. So, ace up your preparation with MCQ of Class 11 Economics Examinations.
MCQ Questions Class 11 Theory of Consumer Behaviour with Answers - Set - 1
Question 1:Â
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
Correct Answer – (A)
Question 2:Â
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
Correct Answer – (D)
Question 3:Â
How we calculate marginal utility ?
(a) ∆TU/∆Q
(b) ∆MU/∆Q
(c) ∆Q/∆TU
(d) ∆Q/∆MU
Correct Answer – (A)
Question 4:Â
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
Correct Answer – (B)
Question 5:Â
Consumer’s behaviour is studied in:
(a) Micro Economics
(b) Macro Economics
(c) Income Analysis
(d) None of these
Correct Answer – (A)
MCQ Questions Class 11 Theory of Consumer Behaviour With Answers
Question 6:Â
Who basically propounded the concept of Law of Equimarginal Utility ?
(a) Marshall
(b) Gossen
(c) Ricardo
(d) J. S. Mill
Correct Answer – (C)
Question 7:Â
When TU becomes maximum, MU is:
(a) Positive
(b) Negative
(c) Zero
(d) None of these
Correct Answer – (C)
Question 8:Â
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
Correct Answer – (D)
Question 9:Â
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
Correct Answer – (D)
Question 10:Â
Who gave the cardinal concept of utility?
(a) Marshall
(b) Pigou
(c) Hicks
(d) Samuelson
