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CXC CAPE · · Economics

Consumer and producer theory
Practice Questions

6 CXC CAPE Economics questions on Consumer and producer theory, each with instant feedback and a full examiner-style mark scheme.

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Try 2 sample questions on Consumer and producer theory

Question 1 · 1 mark · Difficulty 3/3

The satisfaction a consumer gets from consuming a good is called:

  1. profit
  2. cost
  3. utility
  4. surplus
Show answer & explanation
✓ Answer: Cutility
Utility is the satisfaction from consumption.
Question 2 · 1 mark · Difficulty 3/3

The extra satisfaction from consuming one more unit is ____ utility.

  1. fixed
  2. marginal
  3. total
  4. average
Show answer & explanation
✓ Answer: Bmarginal
Marginal utility is the utility of the next unit.
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20 questions · 25 min · free

CXC CAPE Economics: Consumer and producer theory FAQ

How many CXC CAPE Economics questions on Consumer and producer theory are there on Kramizo?
Kramizo currently has 6 exam-board-aligned practice questions on Consumer and producer theory for CXC CAPE Economics, with new questions added every week. Each question gives you instant feedback and a full examiner-style mark scheme that tells you exactly what would earn marks on a real CXC CAPE paper. The questions span the full difficulty range — from straightforward recall (level 1) right up to multi-step reasoning and evaluation (level 3) — so the bank works for first-pass revision and final exam-week stress testing alike.
Is Kramizo free for CXC CAPE students preparing for Economics?
Yes — completely free. Every student gets 45 questions a day on the free plan, with no card required and no trial countdown. That free quota works across every subject and every topic in our bank, so you can mix Consumer and producer theory practice with other Economics topics or even switch to a totally different CXC CAPE subject without paying anything. Kramizo's optional Pro plan removes the daily cap and adds detailed progress analytics, but the free tier is the real product — used by thousands of GCSE, IGCSE and CSEC students.
Are the Consumer and producer theory questions aligned to the official CXC CAPE Economics syllabus?
Every question is written against the published CXC CAPE Economics specification, including the exact command words (state, describe, explain, calculate, evaluate, etc.), mark allocations, and difficulty tier you'd see on a real CXC CAPE paper. Explanations are written in the style of official examiner mark schemes — they tell you what is being awarded marks and why distractors are wrong, not just whether you got it right. The bank is continually refined to match the latest syllabus updates from CXC CAPE.
How is Consumer and producer theory typically tested on CXC CAPE Economics papers?
Consumer and producer theory appears across multiple question types on real CXC CAPE Economics papers — most commonly as multiple-choice questions in the objective section, structured short-answer questions in the main paper, and occasionally as part of an extended response. Kramizo's practice bank reflects that mix: 4-option MCQs, true/false statements, fill-in-the-blank key terms, multi-select questions, and ordering questions. Working through the bank gives you exposure to every question style examiners actually use.

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