12th Grade Utility Analysis Quizzes, Questions & Answers

12th Grade

Top Trending Utility Analysis Quizzes

Commerce My Pride Quiz Contest

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

Questions: 10 | Attempts: 892 | Last updated: Mar 16, 2025

Sample Question 1
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

Sample Question 2
Inflation is _____

Is an upward movement in the general level of prices

Is an downward movement in the general level of prices

Is a boundary between upward and downward movement in the general level of prices

Sample Question 3
The satisfaction derived from consumption of goods and services is called ________ in economics

Demand

Utility

Wants

Recent Utility Analysis Quizzes

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: 333 | Last updated: Mar 21, 2025

Sample Question
Which one do you like?

A

B

C

D

Econ Chapter 21

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 measured in economics, enhancing learners' grasp of...

Questions: 60 | Attempts: 1389 | 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.