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Theory of Consumer Behavior

CBSE · Class 12 · Economics

Flashcards for Theory of Consumer Behavior — CBSE Class 12 Economics. Quick Q&A cards covering key concepts, definitions, and formulas.

46 questions80 flashcards5 concepts

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An illustration showing a consumer facing a choice between two goods (e.g., bananas and mangoes) with a limited income, representing the fundamental problem of choice in consumer behavior.
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80 Flashcards
Card 1उपयोगिता

उपभोक्ता व्यवहार में उपयोगिता क्या है?

Answer

किसी वस्तु की उपयोगिता उसकी आवश्यकता-संतुष्टि क्षमता है। यह व्यक्तिपरक है, इसलिए एक ही वस्तु अलग-अलग लोगों को या अलग-अलग समय और स्थानों पर अलग-अलग संतुष्टि दे सकती है।

Card 2Utility

What is utility in consumer behaviour?

Answer

Utility of a commodity is its want-satisfying capacity. It is subjective, so the same good can give different satisfaction to different people or at different times and places.

Card 3Utility Analysis

What is the difference between cardinal utility analysis and ordinal utility analysis?

Answer

Cardinal utility analysis assumes utility can be measured in numbers, such as 50 units. Ordinal utility analysis does not measure utility in numbers; it only ranks bundles as more useful, less useful,

Card 4उपयोगिता विश्लेषण

कार्डिनल उपयोगिता विश्लेषण और क्रमिक उपयोगिता विश्लेषण में क्या अंतर है?

Answer

कार्डिनल उपयोगिता विश्लेषण यह मानता है कि उपयोगिता को संख्याओं में मापा जा सकता है, जैसे कि 50 इकाइयाँ। क्रमबद्ध उपयोगिता विश्लेषण संख्याओं में उपयोगिता को नहीं मापता है; यह केवल बंडलों को अधिक उपयोगी

Card 5उपयोगिता के मापदंड

कुल उपयोगिता और सीमांत उपयोगिता की परिभाषा दीजिए।

Answer

कुल उपयोगिता किसी वस्तु की दी गई इकाइयों के उपभोग से प्राप्त कुल संतुष्टि है। सीमांत उपयोगिता किसी वस्तु की एक अतिरिक्त इकाई के उपभोग से कुल उपयोगिता में परिवर्तन है।

Card 6Measures of Utility

Define total utility and marginal utility.

Answer

Total utility is the total satisfaction from consuming a given number of units of a commodity. Marginal utility is the change in total utility due to consumption of one additional unit of a commodity.

Card 7Measures of Utility

What is the formula for marginal utility of the nth unit?

Answer

MU_n = TU_n - TU_{n-1}. It means marginal utility of the nth unit equals total utility from n units minus total utility from n-1 units.

Card 8उपयोगिता के मापदंड

nवीं इकाई की सीमांत उपयोगिता का सूत्र क्या है?

Answer

एम.यू_n = TU_n - TU_{n-1}. It means marginal utility of the nth unit e कुल उपयोगिता को n इकाइयों से घटाकर n-1 इकाइयों से कुल उपयोगिता प्राप्त की जाती है।

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Frequently Asked Questions

What are the important topics in Theory of Consumer Behavior for CBSE Class 12 Economics?
Key topics in Theory of Consumer Behavior include Theory of Consumer Behaviour — Complete Concept Map, Correct vs Incorrect: What Causes Movement vs Shift in Demand Curve, Overview of Theory of Consumer Behaviour. These are the concepts CBSE Class 12 examiners draw on most — study them first, then practise related questions.
How to score full marks in Theory of Consumer Behavior — CBSE Class 12 Economics?
Understand the core concepts first, then work through the 46 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.
How many flashcards are available for Theory of Consumer Behavior?
There are 80 flashcards for Theory of Consumer Behavior covering key definitions, formulas, and concepts. Use them daily for 10–15 minutes for best results.

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