CBSE Class 12 Economics Question Paper Foreign with answers 2017 (3)

Read and download CBSE Class 12 Economics Question Paper Foreign with answers 2017 (3) 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 Question Paper Foreign with answers 2017 (3)

Economics Class 12 Question Paper

CBSE Class 12 Economics Question Paper Foreign with answers 2017 (3). 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.

ECONOMICS

SECTION A
1. A firm is not a price maker under
(a) oligopoly
(b) monopolistic competition
(c) monopoly
(d) perfect competition
 
2. The expenditure on a good would change in the opposite direction as the
price changes only when demand is
(a) elastic
(b) inelastic
(c) perfectly inelastic
(d) unitary elastic
 
3. There are only a few sellers under
(a) Perfect competition
(b) Monopolistic competition
(c) Monopoly
(d) Oligopoly
 
4.When marginal utility is zero, total utility is
(a) zero
(b) minimum
(c) maximum
(d) negative
 
5. Why is a Production Possibility Curve concave to the origin ? Explain.
                                   OR
6.  Why does an economic problem arise ? Explain
 
7. Give any three factors that can cause a rightward shift of demand curve.
 
8. Explain the meaning of opportunity cost with the help of an example.
 
9. Explain the meaning of marginal rate of substitution. Why does it diminish as one good is substituted for the other ?   Explain.
                                  OR
Explain the meaning of budget line. What can cause a change in it ? Explain.
 
10. State the relation between marginal product and average product. Show this relation in a diagram.

Please click the link below to download pdf file of CBSE Class 12 Economics Question Paper Foreign with answers 2017 (3)

CBSE Class 12 Economics Question Paper Foreign with answers 2017 (3)

We hope you liked the above provided CBSE Class 12 Economics Question Paper Foreign with answers 2017 (3). 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 Question Paper Foreign with answers 2017 (3) 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 Question Paper Foreign with answers 2017 (3) 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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