11th Grade Consumer Behavior Quizzes, Questions & Answers
Recent Consumer Behavior Quizzes
Choose the BEST answer. Read the explanation if there is.
Questions: 31 | Attempts: 1351 | Last updated: Mar 22, 2025
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Sample QuestionPositive statements answers the questions (what is) while normative statements answer the question (what should be).
This quiz will cover consumer demand, the factors that affect demand, and demand elasticity.Â
Questions: 25 | Attempts: 541 | Last updated: Mar 22, 2025
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Sample QuestionThis occurs when an increase in price decreases a consumer's real income, making that consumers feel poorer.
To get on the leaderboard you need to answer the 10 quiz questions most quickly. Be warned - for each incorrect answer 15 seconds will be added to your time!Enter your name and email address below and click "take quiz".Then press...
Questions: 10 | Attempts: 315 | Last updated: Mar 20, 2025
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Sample QuestionAustralians type superannuation into Google approximaltey 350,000 times each ___________ ?
A Consumer Choice In Microeconomics Quiz; Microeconomics is a branch of economics that looks at how to allocate resources that are scarcer than others. It forces a firm or individual to think strategically and efficiently so that...
Questions: 17 | Attempts: 2256 | Last updated: Mar 22, 2025
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Sample QuestionIf we measure the quantity of French fries on the horizontal axis and the quantity of hamburgers on the vertical axis, and if the price of French fries is $0.60 and the price of a hamburger is $2.40, then the slope of the budget constraint is 1/4 (and it is negative).
You’ve faced quizzes on microeconomics before, but the following quiz on the subject that analyses the decisions made by a firm or individual on how to allocate scarce resources is going to be your biggest challenge yet....
Questions: 6 | Attempts: 267 | Last updated: Mar 21, 2025
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Sample QuestionThe central question in economics is
It’s a topic that comes in extremely handy to know about when you work in a business, but even if you don’t, you’re probably engaged in a smaller example of microeconomics while attempting to spend less money at...
Questions: 11 | Attempts: 348 | Last updated: Mar 18, 2025
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Sample QuestionWhat is a perfectly elastic demnd?
This quiz assesses understanding of consumer economics, focusing on long-term financial planning, goal setting, and decision-making based on needs, wants, values, and standards. It is crucial for students learning to navigate...
Questions: 51 | Attempts: 115 | Last updated: Mar 7, 2025
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Sample QuestionSending a daughter through college is an example of a long-term goal.
In layman’s terms, the social science of economics involves the study of money, goods, and services – or rather how we can keep the wheels turning and continue to have people producing, distributing and consuming...
Questions: 10 | Attempts: 291 | Last updated: Mar 22, 2025
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Sample QuestionThe consumption function of an economy with no government sector and no foreign trade is C = W120 + 0.6Y. (C = aggregate consumption and Y national income). If investment expenditure is autonomous and equal to W 280, what is the equilibrium level of INCOME ?
It is true that no one finds it super exciting for a test unless they feel a hundred percent sure of their understanding capabilities. Are you an NCA student? With the economics test just around the corner it is important to get...
Questions: 21 | Attempts: 264 | Last updated: Mar 22, 2025
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Sample QuestionIf people expect the price of antique furniture to fall in the near future, what will probably happen to the demand curve for antique furniture?
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