SS 2 ECONOMICS. First Mid Term Test. 2025/2026.

SS 2 ECONOMICS. First Mid Term Test. 2025/2026.

11th Grade

20 Qs

quiz-placeholder

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SS 2 ECONOMICS. First Mid Term Test. 2025/2026.

SS 2 ECONOMICS. First Mid Term Test. 2025/2026.

Assessment

Quiz

Others

11th Grade

Hard

Created by

Opeyemi Gabriel

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

WHEN TU FALLS , MU IS

POSITIVE

ZERO

NEGATIVE

NON OF ABOVE

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As more of a good is consumed, Total Utility

increases

decreases

remains the same

becomes negative and then turns positive

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following concepts is true?

The ability to satisfy human wants in a good or service is called its utility

The ability to satisfy human wants in a good or service is called its profitability

The ability to satisfy human wants in a good or service is called its productivity

The ability to satisfy human wants in a good or service is called its satisfaction

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements is true about consumer behaviour?

Consumer behaviour is the study of income analysis

Consumer behaviour is the study of microeconomics

Consumer behaviour is the study of macroeconomics

Consumer behaviour is the study of market trends

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements is true about consumer behaviour?

Consumer behaviour is the study of income analysis

Consumer behaviour is the study of microeconomics

Consumer behaviour is the study of macroeconomics

Consumer behaviour is the study of market trends

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which analysis Utility can be measured in numbers?

Ordinal Analysis

Cardinal Analysis

Utility Analysis

None of these

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Want satisfying power of a commodity is called

Utility

Demand

Consumers equilibrium

None of these

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