12th Grade Consumer Behavior Quizzes, Questions & Answers
Recent Consumer Behavior Quizzes
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: 2257 | 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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