CBSE Class 12 Economics Solved Question Paper 2014 | Previous Year Papers | Zigya

Subject

Economics

Class

CBSE Class 12

Pre Boards

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Sample Papers

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 Multiple Choice QuestionsShort Answer Type

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1.

Unemployment is reduced due to the measures taken by the government. State its economic value in the context of production possibilities frontier.

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2.

Define budget set.

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3.

What is meant by revenue in micro-economics?

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4.

Give meaning of 'returns to a factor.'

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5.

What is perfect oligopoly?

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6.

Explain the central problem 'for whom to produce.'

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7.

A consumer buys 18 units of a good at a price of Rs. 9 per unit. The price elasticity of demand for the good is (−) 1. How many units the consumer will buy at a price of Rs. 10 per unit? Calculate.

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8.

State the relation between marginal revenue and average revenue.


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9.

State the relation between total cost and marginal cost.

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10.

What is the behaviour of average fixed cost as output is increased? Why is it so?

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