CBSE Class 12 Economics Sample Paper 2012 Set E

Read and download PDF of CBSE Class 12 Economics Sample Paper 2012 Set E 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 2012 Set E

Economics Class 12 Sample Paper

 

1. State two features of resources that give rise to an economic problem

2. What happens to total expenditure on a commodity when its price falls and its demand is price elastic?

3. What happens to equilibrium price of a commodity if there is an ‘increase’ in itsdemand and ‘decrease’ in its supply?

4. Give the meaning of equilibrium market price of a good.

5. What is meant by cost in economics

6.  State any three factors that can cause an ‘increase’ in demand of a commodity.

7 . Will the supply at a point on a positively sloped, straight line supply curve be unitary elastic, elastic or inelastic?

8. Explain why is production possibility frontier concave.

OR

Explain the central problem “how to produce.”

9. How does the nature of a commodity influence its price elasticity of demand?Explain.

10. Calculate the price elasticity of demand for a commodity when its price increasesby 25% and quantity demanded falls from 150 units to 120 units.

11. Demand for electricity Has “increased”. However supply cannot be increased dueto lack of resources.

12 Explain how, in any two ways, demand for electricity can be “decreased”.

13. Explain the relation between marginal revenue and average revenue when a firm is able to sell more quantity of output:
 
(i) at the same price.
 
(ii) only by lowering the price.
 
OR
 
Explain the effect of the following on the supply of a commodity:
 
(a) Fall in the prices of factor inputs.
 
(b) Rise in the prices of other commodities.
 
14 . On the basis of the information given below, determine the level of output at which the producer will be in equilibrium. Use the marginal cost – marginal revenue approach. Give reasons for your answer.
 
Output (Units)    Average Revenue (Rs)    Total Cost (Rs)
   1                            7                                     8
   2                            7                                     15
   3                            7                                     21
   4                            7                                     26
   5                            7                                     33
   6                            7                                     41
 
15 Why does the difference between Average Total Cost and Average Variable Cost decrease as the output is increased? Can these two be equal at some level of output? Explain.


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CBSE Class 12 Economics Sample Paper 2012 Set E

We hope you liked the above provided CBSE Class 12 Economics Sample Paper 2012 Set E. 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 2012 Set E 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.

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