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Economics Test
Topic: Consumer Behaviour

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Test 1: Match the Column

1.
2.
3.
4.
5.

Marginal Utility
Point of Satiety
Time utility
Cardinal Measurement
Service Utility

a)

Maximum TU

b)

Assumptions of Law of DMU

c)

Utility of Last Unit

d)

Exception of Law of DMU

e)

Aggregate of Utilities

f)

Furniture from steel

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Answer

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Answer - Test 1: Match the

Column

1.
2.
3.
4.
5.

Marginal Utility
Point of Satiety
Time utility
Cardinal Measurement
Service Utility

a)

Maximum TU

b)

Assumptions of Law of DMU

c)

Utility of Last Unit

d)

Exception of Law of DMU

e)

Aggregate of Utilities

f)

Furniture from steel

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TEST

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Test 2: Match the Column

1.
2.
3.
4.
5.

Total Utility
Zero Marginal Utility
Utility
Time Utility
Service Utility

a)

Doctors Service to patient

b)

Organ donation

c)

Want satisfying power

d)

Additional Total utility

e)

Aggregate of Utilities

f)

Point of satiety

Click Next to know the

Answer

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Answer - Test 2: Match the

Column

1.
2.
3.
4.
5.

Total Utility
Zero Marginal Utility
Utility
Time Utility
Service Utility

a)

Doctors Service to patient

b)

Organ donation

c)

Want satisfying power

d)

Additional Total utility

e)

Aggregate of Utilities

f)

Point of satiety

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TEST

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Test 3: Match the Column

1.
2.
3.
4.
5.
6.
7.
8.
9.

Law of diminishing marginal utility

Alfred Marshall
Total Utility
Form Utility
Point of Satiety
Production
Service Utility
Time Utility
Law of Equi-marginal utility

a)

Law of Substitution

b)

Cardinal Measurement

c)

Transport

d)

Lawyers

e)

Umbrella

f)

Minimum Utility

g)

Increases at diminishing rate

h)

Creation of utility

i)

Maximum total utility

j)

Dr. Marshall

k)

Adam Smith

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Answer -Test 3: Match the

Column

1.
2.
3.
4.
5.
6.
7.
8.
9.

Law of diminishing marginal utility

Alfred Marshall
Total Utility
Form Utility
Point of Satiety
Production
Service Utility
Time Utility
Law of Equi-marginal utility

a)

Law of Substitution

b)

Cardinal Measurement

c)

Transport

d)

Lawyers

e)

Umbrella

f)

Minimum Utility

g)

Increases at diminishing rate

h)

Creation of utility

i)

Maximum total utility

j)

Dr. Marshall

k)

Adam Smith

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