Micro Economics Practice Questions Jun 2026

If the price of coffee rises, what happens to the quantity demanded by consumers? Explain using the substitution and income effects.

Microeconomics focuses on the decision-making of individuals, households, and firms. To master this subject, students should practice core concepts such as supply and demand , consumer utility , and market structures . Below are foundational practice questions categorized by topic. 1. Consumer Choice and Utility micro economics practice questions

$$100 - 20 = 3P + 2P$$ $$80 = 5P$$ $$P = 16$$ If the price of coffee rises, what happens