Subject

Economics

Class

CBSE Class 12

Pre Boards

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Sample Papers

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 Multiple Choice QuestionsLong Answer Type

11.

Explain the three properties of the indifference curves.


Explain the three properties of the indifference curves.

993 Views

12.

Market of a commodity is in equilibrium. Demand for the commodity "increases." Explain the chain of effects of this change till the market again reaches equilibrium. Use diagram.


Market of a commodity is in equilibrium. Demand for the commodity "increases." Explain the chain of effects of this change till the market again reaches equilibrium. Use diagram.

1658 Views

13.

Explain the conditions of consumer's equilibrium with the help of the indifference curve analysis.

 


Explain the conditions of consumer's equilibrium with the help of the indifference curve analysis.

 

1549 Views

14.

From the following information about a firm, find the firms equilibrium output in terms of marginal cost and marginal revenue. Give reasons. Also find profit at this output.

Output (units)

Total Revenue (Rs.)

Total Cost (Rs.)

1

7

8

2

14

15

3

21

21

4

28

28

5

35

36


From the following information about a firm, find the firms equilibrium output in terms of marginal cost and marginal revenue. Give reasons. Also find profit at this output.

Output (units)

Total Revenue (Rs.)

Total Cost (Rs.)

1

7

8

2

14

15

3

21

21

4

28

28

5

35

36

772 Views

 Multiple Choice QuestionsShort Answer Type

15.

What are demand deposits?


What are demand deposits?

697 Views

16.

What is involuntary unemployment?


What is involuntary unemployment?

853 Views

17.

Why are the firms said to be interdependent in an oligopoly market? Explain. 


Why are the firms said to be interdependent in an oligopoly market? Explain. 

1305 Views

18.

State the behaviour of marginal product in the law of variable proportions. Explain the causes of this behaviour.


State the behaviour of marginal product in the law of variable proportions. Explain the causes of this behaviour.

1748 Views

19.

A consumer consumes only two goods. Explain consumer's equilibrium with the help of utility analysis.


A consumer consumes only two goods. Explain consumer's equilibrium with the help of utility analysis.

2420 Views

20.

What happens to the demand of a good when consumer's income changes? Explain.


What happens to the demand of a good when consumer's income changes? Explain.

488 Views