Download CUET MCQs for CUET Economics: Unit I Introduction to Microeconomics
Review structured MCQ sets for CUET Economics Unit I Introduction to Microeconomics. Built according to official CUET guidelines, these downloadable questions support daily revision and core concept reinforcement.
Chapter-wise Objective Questions: Unit I Introduction to Microeconomics
Access the complete set of multiple-choice questions for Unit I Introduction to Microeconomics below. This focused format allows students to isolate specific topics for thorough review and uninterrupted practice alongside official CUET textbooks.
Question : What satisfying power of commodity is called :
a) Consumption
b) Utility
c) Production
d) Value addiction
Answer : Utility
Question : Which of the following is not concerned with the problem of choice ?
a) Excessive income
b) Alternative use of resources
c) Unlimited wants
d) Limited (scarce) resources
Answer : Excessive income
Question : The problem of 'what to produce' relates to:
a) The choice of technique
b) Distribution of income
c) Market value of the goods and services
d) The choice of goods and services
Answer : The choice of goods and services
Question : Consuming two goods, consumer attains equilibrium when :
a) MU1 > MU2
b) MU2> MU1
c) MU1 = MU2
d) TU1 = TU2
Answer : MU1 = MU2
Question : Who controls economic activities under centrally planned economics ?
a) Industrialists
b) Private firms
c) Government
d) Consumers
Answer : Government
Question : The following table show the production of cricket bats and sarres of an imaginary economy :
If the production of cricket bats is increased from 3 thousand to 4 thousand, how much production of sarees will he to be sacrificed by the economy ?
a) Zero
b) 8 lakh sarees
c) 30 lakh sarees
d) 20 lakh sarees
Answer : 20 lakh sarees
Question : Example of micro economic variable is:
a) Wholesale price index
b) National income
c) Market demand
d) Aggregate demand
Answer : Market demand
Question : Increase (growth) of resources implies that production possibility curve :
a) Shifts to the Right
b) Shifts to the left
c) Rotates to the right
d) None of these
Answer : Shifts to the Right
Question : When marginal utility is negative, total utility is :
a) Zero
b) Diminishing
c) Maximum
d) Minimum
Answer : Diminishing
Question : Slope of production curve is:
a) a straight line
b) convex to the point of origin ‘O’
c) concave to the point of ‘O’
d) none of these
Answer : concave to the point of ‘O’
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Unit I Introduction to Microeconomics Objective Questions & Solutions for CUET Economics
CUET Economics Unit I Introduction to Microeconomics Objective Test Questions
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FAQs
You can get most exhaustive CUET Economics MCQs Unit I Introduction to Microeconomics for free on StudiesToday.com. These MCQs for CUET Economics are updated for the 2026-27 academic session as per CUET examination standards.
Yes, our CUET Economics MCQs Unit I Introduction to Microeconomics include the latest type of questions, such as Assertion-Reasoning and Case-based MCQs. 50% of the CUET paper is now competency-based.
By solving our CUET Economics MCQs Unit I Introduction to Microeconomics, CUET students can improve their accuracy and speed which is important as objective questions provide a chance to secure 100% marks in the Economics.
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