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 - 3
Question 1:
Law of Demand is a:
(a) Qualitative Statement
(b) Quantitative Statement
(c) Both (a) and (b)
(d) None of these
Correct Answer – (A)
Question 2:
Which of the following factor affects demand ?
(a) Price
(b) Change in income
(c) Taste of the Consumer
(d) All of these
Correct Answer – (D)
Question 3:
Which element is essential for demand ?
(a) Desire to consume
(b) Availability of adequate resources
(c) Willingness to consume
(d) All of these
Correct Answer – (D)
Question 4:
According to the law of equi-marginal utility, the condition for consumer’s equilibrium is:
(a) MUA/PA
(b) MUB/PB
(c) Both (a) and (b)
(d) Undefined
Correct Answer – (C)
Question 5:
For the maximum satisfaction of consumer:
(a) Marginal utility of a good should be equal to its price.
(b) Marginal utility of a good should be greater than its price.
(c) There is no relation between marginal utility and price.
(d) None of these
Correct Answer – (A)
MCQ Questions Class 11 Theory of Consumer Behaviour With Answers
Question 6:
Goods, which can alternatively be used, are called:
(a) Complementary Goods
(b) Substitutes
(c) Comforts
(d) None of these
Correct Answer – (B)
Question 7:
In which goods, price fall does not make any increase in demand ?
(a) Necessities Goods
(b) Comfort Goods
(c) Luxuries Goods
(d) None of these
Correct Answer – (A)
Question 8:
According to Marshall, utility of a commodity:
(a) Can be measured by money
(b) Cannot be measured by money
(c) Can be measured in cardinal numbers
(c) Both (a) and (b)
Correct Answer – (C)
Question 9:
When marginal utility is negative, then total utility:
(a) is maximum
(b) Starts decreasing
(c) increases at decreasing rate
(d) None of these
Correct Answer – (B)
Question 10:
The capability of a commodity to satisfy human wants is:
(a) Consumption
(b) Utility
(c) Quality
(d) Taste
