#1
July 2nd, 2014, 09:13 AM
| |||
| |||
Question paper for CBSE 12th Commerce Economics
Can you give me question paper for CBSE 12th Commerce economics Question papers in PDF file format ? Here I am giving you question paper for CBSE 12th Commerce economics Question papers in PDF file attached with it so you can get it easily. 1. Answer the following questions : 4×1 (i) Define market supply. (ii) What is meant by producer's equilibrium ? (iii) Define marginal physical product. (iv) Define equilibrium price. 2. State any three causes of a rightward shift of demand curve of a commodity. 3 3. State the geometric method of measuring price elasticity of supply (in case of straight line supply curve). 3 4. What is the relationship between marginal cost and average variable cost ? 3 5. State three main features of perfect competition. 3 119 6. Complete the following table : Output Price Total Revenue Marginal Revenue (units) (Rs.) (Rs.) (Rs.) 1 12 — — 2 10 — — 3 8 — — 4 6 — — 4 7. Distinguish between 'change in supply' and 'change in quantity supplied' of a commodity. (Use diagrams) 4 OR Explain any two determinants of supply of a commodity. 8. Explain the problem of 'what to produce' with the help of an example. 4 9. The quantity demanded of a commodity at a price of Rs. 8 per unit is 600 units. Its price falls by 25 percent and quantity demanded rises by 120 units. Calculate its price elasticity of demand. Is its demand elastic ? Give reason for your answer. 4 10. Explain consumer's equilibrium, in case of a single commodity, with the help of a utility schedule. 6 OR How is the demand of a commodity affected by changes in the price of related goods ? Explain with the help of diagrams. Last edited by Neelurk; March 5th, 2020 at 02:09 PM. |
|