CBSE Class 12 Economics Sample Paper 2018 Set B

Read and download PDF of CBSE Class 12 Economics Sample Paper 2018 Set B designed as per the latest curriculum and examination pattern for Class 12 issued by CBSE, NCERT and KVS. The latest Class 12 Economics Sample Papers have been provided with solutions so that the students can solve these practice papers and then compare their answers. This will help them to identify mistakes and improvement areas in Economics Class 12 which they need to study more to get better marks in Class 12 exams. After solving these guess papers also refer to solved Class 12 Economics Question Papers available on our website to build strong understanding of the subject

Sample Paper for Class 12 Economics Pdf

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

Economics Class 12 Sample Paper

 

Q.1. A country’s resources are fully and efficiently employed. The problem of scarcity exists. What advice will be given to raise the efficiency level of the human resources to fight scarcity?

Q.2. In perfect competition, as the firm is a price taker, the ________ curve is a horizontal straight line.

a) Marginal Cost

b) Total Cost

c) Total Revenue

d) Marginal Revenue

Q.3. State the law of diminishing marginal utility. 

Q.4.  If the firms are earning supernormal profits, how will the number of firms in the industry change?

Q.5.  The vision of ‘digital India’ a scheme launched by the government of India, aims to transform the country into a digitally empowered society and knowledge economy.How will the Production Possibility Curve be affected by the launch of this program?

Q.6. Why is an indifference curve downward sloping and convex to origin? Explain.

OR

Define Budget Line. What do intercepts of budget line indicate? 

Q.7.Complete the table :

CBSE Class 12 Economics Sample Paper 2018 (2)_0 1

Q.8.State giving reasons, whether the following statements are true or false:
 
a) As output is increased, the difference between Average Total Cost and Average Variable Cost falls and ultimately becomes zero.
 
b) Marginal Revenue is always the price at which the last unit of the commodity is sold.
 
c) When Marginal Revenue is positive and constant, both Average Revenue and Total Revenue will increase at constant rate.
 
Q.9. Using diagrams, explain any four degrees of Price elasticity of Supply. 
 
Q.10.Explain the concept of Production Possibility Curve with the help of hypothetical table.
 
OR
 
What does a Production Possibility Curve show? When will it shift to the right?


Please click the link below to download CBSE Class 12 Economics Sample Paper 2018 Set B

 

CBSE Class 12 Economics Sample Paper 2018 Set B

We hope you liked the above provided CBSE Class 12 Economics Sample Paper 2018 Set B. To get an understanding of the type of questions which were asked in exams, it is important for Class 12 students to understand the way sample Paper are set by teachers. Students can download the Sample Paper for Class 12 Economics which will be coming in the exams so that you can practise them and solve all types of questions that can be asked in exams. By doing CBSE Class 12 Economics Sample Paper 2018 Set B you will understand the regular questions and MCQ questions for Class 12 Economics which are always asked. You can download CBSE Class 12 Economics Sample Paper and Class 12 Economics Question 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.

Where can I download CBSE Class 12 Economics Sample Paper 2018 Set B in Pdf

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