Consumer Behavior Quizzes, Questions & Answers

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Utility Analysis Quizzes

The Econ Chapter 21 quiz assesses understanding of key economic concepts like the diamond-water paradox, utility, and marginal utility. It explores how value is perceived and measu...

Questions: 60 | Attempts: 1366 | Last updated: Mar 20, 2025

Sample Question
1. The diamond-water paradox is the observation that

Those things that have the greatest price often have little value in exchange and those things that have the lowest price often have the greatest value in exchange.

Those things that have the greatest value in use often have little value in exchange and those things that have little value in use often have the greatest value in exchange.

Those things that have the least value in use often have little value in exchange and those things that have the greatest value in use often have the greatest value in exchange.

Those things that have the least price often have little value in exchange and those things that have the greatest price often have the greatest value in exchange.

Commerce My Pride Quiz Contest

Welcome! You are just 10 questions away from winning INR 11,000.

Questions: 10 | Attempts: 888 | Last updated: Mar 16, 2025

Sample Question
If Coke were to cut prices, what would be the most likely impact on Pepsi

Sales would remain unchanged

Sales would increase

Sales would decrease

Marginal/Cardinal Utility MCQ Quiz

Engage with foundational economics concepts through this Marginal\/Cardinal Utility MCQ Quiz, designed to test and enhance your understanding of utility in economic theory.

Questions: 5 | Attempts: 327 | Last updated: Mar 21, 2025

Sample Question
Which one do you like?

A

B

C

D

All Utility Analysis Quizzes

Budget Constraint Quizzes

MacroEconomics - Chapter 10

This quiz assesses understanding of key macroeconomic concepts in Chapter 10, focusing on consumer spending, consumption, saving, and the relationship between income and spending. ...

Questions: 40 | Attempts: 1088 | Last updated: Mar 21, 2025

Sample Question
The most important determinant of consumer spending is

The level of household borrowing

Consumer expectations

The stock of wealth

The level of income

Budgeting And Saving Math Quiz

If you think you have a good head for numbers, why not try this budgeting and saving math quiz? This is a carefully designed quiz to take you through the process of budgeting your ...

Questions: 10 | Attempts: 669 | Last updated: Mar 22, 2025

Sample Question
If by the end of 12 months from now you want to save exactly $1000 and your monthly income is $1500 with the monthly expenditures being $1480, how much would you need to cut back on expenses?

$65

$64

$60

$80

All Budget Constraint Quizzes

Consumer Equilibrium Quizzes

Economics and Business Quiz

In business today, one has to have adequate knowledge of economics and how it affects businesses and their activities. There are some factors within the economy to watch out for if...

Questions: 10 | Attempts: 1560 | Last updated: Oct 18, 2025

Sample Question
Which of the following would be a topic emphasized in a microeconomics class?

How a nation's GDP is computed

The reason's why the unemployment rate for the economy is rising or falling

How market conditions determine the price of a specific product

How the government can use fiscal and monetary policies to stabilize the economy

All Consumer Equilibrium Quizzes

Top Trending Consumer Behavior Quizzes

Soal-soal Ips Ekonomi Kelas X Bab I

This quiz covers basic concepts of economics for 10th-grade social studies, focusing on needs, types of needs, and economic behaviors.

Questions: 20 | Attempts: 6267 | Last updated: Mar 21, 2025

Sample Question
Apa yang dimaksud dengan kebutuhan ?

Kebutuhan adalah suatu keinginan untuk mencapai suatu kemakmuran dengan menggunakan berbagai cara dalam tindakan ekonomi.

Kebutuhan adalah keinginan untuk mennggunakan segala cara untuk mendapatkan barang dan jasa guna mencapai suatu kemakmuran baik itu individu maupun kelompok.

Kebutuhan adalah keinginan untuk memperoleh barang dan jasa untuk mencapai suatu kemakmuran baik itu fisik maupun rohani.

Are You A Smart Shopper?

Which is best to buy generic? Can you use that coupon? Where can the best deals be found? As you answer these questions see where you score as a smart shopper! Can you beat the best shopper? Or the worst? Find out with Smart...

Questions: 8 | Attempts: 3953 | Last updated: Oct 15, 2025

Sample Question
Which is a good generic buy while at the grocery store?

Cereals

Milk Organic

Pasta

Condiments

All the Above

Consumer Demand Quiz Questions

This quiz will cover consumer demand, the factors that affect demand, and demand elasticity.

Questions: 25 | Attempts: 544 | Last updated: Mar 22, 2025

Sample Question
This occurs when an increase in price decreases a consumer's real income, making that consumers feel poorer.

Normal Good

Inferior Good

Law of Demand

Substitution effect

Demand Curve

Income effect

Needs & Wants

This quiz explores the basic economic concepts of needs and wants, differentiating between essential requirements and desires, and includes questions on economic resources and services.

Questions: 6 | Attempts: 4140 | Last updated: Oct 16, 2025

Sample Question
Things that are required in order to live are known as ....?

Wants

Needs

Goods

Services

Producers And Consumers! Trivia Knowledge Quiz

Below is a trivia knowledge quiz on Producers and consumers. In a business setting, a producer is someone who manufactures goods for other people’s consumption or purchase. This is the first thing that a business student...

Questions: 7 | Attempts: 637 | Last updated: Feb 1, 2025

Sample Question
People who grow, make or sell products are called...………………….

Producers

Consumers

Goods

Services

Recent Consumer Behavior Quizzes

Understanding Economics: Key Concepts and Decision-Making Tools Quiz

Explore the fundamentals of economics, focusing on the production, distribution, and consumption of goods and services. This study aid addresses key economic concepts, agent interactions, and system functionality, enhancing...

Questions: 20 | Attempts: 10 | Last updated: Aug 4, 2025

Sample Question
What do trade-offs refer to?

Risk management

Time constraints

Money savings

Alternative choices

Microeconomic Principles: Elasticity and Market Behavior

Explore fundamental economic concepts in 'Econ Chapter 6', focusing on microeconomic principles and their applications. This assessment enhances understanding of market dynamics, consumer behavior, and economic decision-making,...

Questions: 26 | Attempts: 11 | Last updated: Aug 4, 2025

Sample Question
What does the price elasticity of demand coefficient measure?

The total revenue generated by a product

RESPONSIVENESS TO PRICE CHANGES.

The production cost of a good or service

The market share of a company

Understanding Consumer Sovereignty and Market Dynamics Quiz

Explore the concept of Consumer Sovereignty in Economics through this focused assessment. Understand how consumer choices influence market trends and economic policies. Ideal for learners aiming to grasp key economic principles...

Questions: 28 | Attempts: 10 | Last updated: Aug 4, 2025

Sample Question
Consumer sovereignty refers to:

The idea that resources should be allocated based solely on government regulations.

The idea that consumers have complete control over the prices of goods and services.

Idea that the decisions of producers and resource suppliers with respect to the kinds and amounts of goods produced must be appropriate to consumer demands.

The idea that producers dictate what consumers must purchase.

Quiz: How Much Do You Know About Buy Nothing Day?

Get ready to dive into the world of conscious consumerism and anti-consumerist activism with the Buy Nothing Day Quiz! This quiz is your chance to prove your knowledge about the movement that encourages us to reconsider our...

Questions: 10 | Attempts: 50 | Last updated: Oct 22, 2025

Sample Question
What is Buy Nothing Day?

A day to promote consumerism

A day of protest against consumerism

A day to encourage excessive spending

A day to boycott local businesses

Prelim Exam - Engineering Economics

NOTE: Please make sure you have a stable internet connection before trying to take this exam. And you are not allowed to switch tabs while taking this online assessment. When you accidentally click a new tab, you should quickly...

Questions: 10 | Attempts: 382 | Last updated: Mar 22, 2025

Sample Question
Optimal volume (demand) occurs when total costs equal total revenues. Is it true or false?

True

False

Re-exam Household Resources Management Final Exam

Re-Exam Household Resources Management Final Exam

The 'Re-Exam Household Resources Management Final Exam' assesses knowledge on economic resources, equity financing, and the importance of time and education in achieving life goals. It is designed to enhance understanding of...

Questions: 30 | Attempts: 272 | Last updated: Jan 22, 2025

Sample Question
Resources which factors are used in producing goods or provides services

Information Resources

Economic Resources

Financial Resources

Time Resources

Profit Loss Discount -practice

Profit Loss Discount -Practice

Dear Learner, This Assessment consists of questions to test your understanding on - Profit Loss Discount You may attempt the same and clarify doubts in WP Group ./ With your Faculty Member Regards, Team...

Questions: 19 | Attempts: 357 | Last updated: Mar 21, 2025

Sample Question
1/3 rd of a commodity is sold at 15% profit, 1/4 th is sold at 20% profit and the rest at 24% profit. If total profit of Rs 62 is earned , find the value of the commodity

300

310

320

340

Solutions Pre-intermediate Unit 7 Test Reading

This quiz assesses understanding of changes in UK shopping habits over decades, focusing on the evolution from individual shops to supermarkets and the recent trend back towards smaller, frequent shopping.

Questions: 7 | Attempts: 393 | Last updated: Apr 20, 2025

Sample Question
Shopping habits in the UK have changed over the last sixty years, and this can be seen in the changing appearance of any British high street – the main shopping street in a town or city. In the 1950s, high streets had rows of individual shops selling different things.1___ Most people did this every few days in order to buy fresh food. The high street was a sociable place to be.

A The idea was to get customers to spend all their money in one place.

B Customers knew exactly where to find the things they needed in each shop.

C And because of their size, many of these supermarkets were outside town.

D People loved it because they had never had the chance to do all their shopping there before.

E At the same time, more and more people had freezers in their houses.

F There was a greengrocer's next to a butcher's next to a baker's, and people visited each place to do their shopping.

Nominal And Real Values

Nominal and Real Values

This quiz on 'Nominal and Real Values' explores key economic concepts, distinguishing between nominal and real values of goods, effects of inflation, and calculations involving real wages. It assesses understanding of how money's...

Questions: 10 | Attempts: 131 | Last updated: Feb 15, 2025

Sample Question
Inflation can affect the real/nominal price

True

False

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