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June 28th, 2014, 04:03 PM
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CBSE 12th Economics subject papers
Will you please give me question paper for economics subject of class 12th examination of CBSE board in a PDF file format ? Here I am giving you question paper for economics subject of class 12th examination of CBSE board in a PDF file attached with it so you can get it easily. Introductory Microeconomics 1. Define ‘opportunity cost’. (1) 2. Define ‘change in demand’. (1) 3. A rise in the price of a good results in an increase in expenditure on it. Is its demand elastic or inelastic? (1) 4. What is meant by the term ‘price taker’ in the context of a firm? (1) 5. What is the price elasticity of supply of a commodity whose straight line supply curve passes through the origin forming an angle of 75º? (1) 7. State the ‘law of supply’. What is meant by the assumption ‘other things remaining the same’ on which the law is based? (3) 8. A firm’s Average Fixed Cost of producing 2 units of a good is Rs. 9. and given below is its total cost schedule. Calculate its Average Variable Cost and Marginal Cost for each of the given level of output : 9. Explain the implication of the feature ‘product differentiation’ under Monopolistic Competition. OR Explain the implication of the feature ‘Freedom of entry and exit of firms’. (3) 10. State the problems relating to allocation of resources in an economy. (3) 11. Explain the effect of rise in the prices of ‘related goods’ on the demand for a good X. Use diagrams. CBSE 12th Economics subject papers Last edited by Neelurk; March 13th, 2020 at 02:48 PM. |
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