Lesson 4.1.2.1

4.1.2.1 Consumer behaviour Quiz: AQA Economics, Unit 1

20 questions

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Lesson 4.1.2.1, Consumer behaviour: 20 multiple choice questions for the AQA Economics (7136), Unit 1: Individuals, firms, markets and market failure, written with Revision Ninja.

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The 20 questions

  1. Total utility is best defined as the total:

    • Price paid
    • Cost of production
    • Satisfaction from consumption
    • Extra unit satisfaction
  2. Marginal utility measures the change in total utility from:

    • A price change
    • Total units consumed
    • One additional unit
    • An income change
  3. According to diminishing marginal utility, as consumption of a good rises, marginal utility:

    • Equals total utility
    • Rises
    • Falls
    • Remains constant
  4. Consumer A eats apples. Total utility from 1, 2, 3 and 4 apples is 10, 18, 23 and 25 utils. What is the marginal utility of the third apple?

    • 23 utils.
    • 3 utils.
    • 8 utils.
    • 5 utils.
  5. A consumer's total utility from 1, 2, 3 and 4 apples is 10, 18, 23 and 25 utils. What is the marginal utility of the fourth apple?

    • 2 utils.
    • 25 utils.
    • 4 utils.
    • 7 utils.
  6. Total utility continues to rise as long as marginal utility is:

    • Negative
    • Positive
    • Zero
    • Falling to zero
  7. In consumer theory, a rational consumer maximises utility when marginal utility per pound spent is:

    • Maximised for one
    • Zero for all
    • Equal across goods
    • Greater than price
  8. Diminishing marginal utility leads to a downward-sloping demand curve because additional units provide:

    • Less extra utility
    • Higher market prices
    • Greater total utility
    • Zero opportunity cost
  9. In consumer decision making, 'the margin' refers to:

    • The additional unit
    • The average cost
    • The maximum budget
    • The total output
  10. If chocolate gives 12 utils per pound and magazines give 9, what should a consumer buy?

    • More magazines
    • More chocolate
    • Fewer goods
    • Equal quantities
  11. What is a fundamental assumption about rational consumers in traditional economic theory?

    • They avoid saving
    • They ignore prices
    • They minimise spending
    • They maximise utility
  12. Total utility for units 1 to 5 is 10, 18, 24, 28, 26. Which unit yields negative marginal utility?

    • First unit
    • Third unit
    • Fourth unit
    • Fifth unit
  13. What shape does diminishing marginal utility give to an individual consumer's demand curve?

    • Vertical
    • Horizontal
    • Upward sloping
    • Downward sloping
  14. In traditional economic theory, what are consumers assumed to maximise?

    • Marginal cost
    • Total utility
    • Consumer surplus
    • Total revenue
  15. What happens to marginal utility as a consumer eats additional units of a chocolate bar?

    • It decreases
    • It becomes infinite
    • It increases
    • It stays constant
  16. A good gives 40 utils of utility and costs £4. What is its utility per pound?

    • 4 utils
    • 160 utils
    • 0.1 utils
    • 10 utils
  17. Good X yields 10 utils per pound and good Y yields 15. To increase utility, buy:

    • Less Y
    • More Y
    • Only X
    • More X
  18. In marginal analysis, consumer purchasing decisions depend on comparing marginal utility with:

    • Price
    • Average cost
    • Total utility
    • Total revenue
  19. Economic choices about purchasing one additional unit of a good depend on:

    • Marginal utility
    • Total utility
    • Fixed utility
    • Average utility
  20. If total utility rises from 40 to 43 utils upon eating a fifth ice cream, what is marginal utility?

    • 7 utils
    • 43 utils
    • 8.6 utils
    • 3 utils

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