CBSE Class 12 Economics Sample Paper 2019 Solved

CBSE Class 12 Economics Sample Paper 2019 Solved. CBSE issues sample papers every year for students for class 12 board exams. Students should solve the CBSE issued sample papers to understand the pattern of the question paper which will come in class 12 board exams this year. The sample papers have been provided with marking scheme. It’s always recommended to practice as many CBSE sample papers as possible before the board examinations. Sample papers should be always practiced in examination condition at home or school and the student should show the answers to teachers for checking or compare with the answers provided. Students can download the sample papers in pdf format free and score better marks in examinations. Refer to other links too for latest sample papers.

1. State the reason why Total Variable Cost (TVC) curve and Total Cost (TC) curve are parallel to each other.

Or

State the reason behind U-shape nature of Average Variable Cost curve.

2. If the Total Revenue of a firm increases by 45,000 due to an increase in sale of Good X from 50 units to 65 units, then marginal revenue willbe ............................?

3. A Production Possibility Curve would be...................................... curveif all the available resources in an economy are equally efficient to produce both the goods.(Choose the correct alternative)

a) a straight line

b) convex to origin

c) concave to origin

d) upward sloping

4. Which of the following is a variable cost?

a) Salary of permanent staff

c) licence fees

b) rent of premises

d) wages

Or

If total variable cost and total fixed cost of producing 10 units are 500 & 200, the value of average cost would be?

a) 50

b) 70

c) 20

d) 80

5.Distinguish between Normative Economics and Positive Economics, with suitable examples.

Or

Why do central problems arise? Discuss briefly.

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