CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 1

Read and download CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 1 designed as per the latest question paper pattern and Class 12 examination guidelines issued by CBSE, NCERT and KVS. The past year Question Papers for Class 12 Economics have been provided with solutions which will help students to assess their performance and find out topics in Economics Class 12 which they need to improve to get better marks in Class 12 exams. After solving these last year papers also refer to solved Sample Papers for Class 12 Economics available on our website to build strong understanding of the subject

Economics Question Paper Class 12

Students can refer to the below Class 12 Economics Question Paper designed to help students understand the pattern of questions that will be asked in Class 12 exams. Please download CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 1

Economics Class 12 Question Paper

CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 1. Students can download the last year question papers using the link below. Free download of examination question papers with solutions. Last 10 year question papers should be practised to get better marks in examinations.

ECONOMIC

1. State one example of positive economics.

2. Define fixed cost.

3. When the Average Product (AP) is maximum, the Marginal Product

(MP) is : (Choose the correct alternative)

(a) Equal to AP

(b) Less than AP

(c) More than AP

4. When the total fixed cost of producing 100 units is Rs .30 and the average variable cost  Rs .3, total cost is : (Choose the correct alternative)

(a) Rs. 3

(b) Rs. 30

(c) Rs. 270

(d) Rs. 330

5. Explain the central problem of ‘‘for whom to produce’’.

OR

Explain the central problem of ‘‘choice of technique’’.

6. What is meant by inelastic demand ? Compare it with perfectly inelastic demand.

7. Given the price of a good, how will a consumer decide as to how much quantity to buy of that good ? Explain.

OR

What is Indifference Curve ? State three properties of indifference curves.

8.When the price of a commodity changes from Rs.  4 per unit to Rs. 5 per unit, its market supply rises from 100 units to 120 units. Calculate the price elasticity of supply. Is supply elastic ? Give reason.

9. What is meant by price ceiling ? Explain its implications.

10. Explain the conditions of consumer’s equilibrium using Indifference Curve Analysis.

11. Explain the conditions of producer’s equilibrium in terms of marginal revenue and marginal cost.

Please click the link below to download pdf file of CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 1.

CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 1

We hope you liked the above provided CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 1. To get an understanding of the type of questions which were asked in previous year exams, it is important for Class 12 students to refer to CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 1 that we have provided above. Students can download all the Question Papers for Class 12 Economics which were issued in the exams so that you can practise them and solve all types of questions which have been asked till now. By doing all CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 1 PYP (previous year papers) you will understand the regular questions and MCQ questions for Class 12 Economics which are always asked and learn them so that you can get full marks in those questions. You can download CBSE Class 12 Economics Previous Year Question Papers and Class 12 Economics Sample Papers in PDF. You should attempt all the last year question paper for Class 12 and Class 12 Economics MCQ Test in examination conditions at home and then compare their answers with the solutions provided by our teachers.
 

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