CBSE Class 12 Economics Sample Paper 2015 Solved Set B

Read and download PDF of CBSE Class 12 Economics Sample Paper 2015 Solved 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 2015 Solved Set B

Economics Class 12 Sample Paper

Section-A

1. What is law of demand?

2. State one feature of oligopoly

3. In which market form demand curve of a firm is perfectly elastic.

4. Why is demand for water inelastic?

5. Name the characteristic which make monopolistic competition different from prefect competition.

6. Explain any three factors that affect elasticity of demand.

7. Given below is the cost schedule of a firm. Its average fixed cost is Rs20 when it produced 3 units.

CBSE Class 12 Economics Sample Papers 2015 (2) 1

8. Total revenue at the price of Rs 4 per unit of a commodity is Rs 480. Total revenue increases by Rs 240 when its price rises by 25 percent. Calculate its price elasticity of supply.
 
OR
Differentiate between Change in Quantity supplied and Change in supply.
 
9. Explain the implication of homogenous product feature of prefect competition.

10. State & explain the law of diminishing marginal utility with the help of utility schedule.

11. Explain the effect of increase the income of buyer of a normal commodity on its equilibrium price.
 
OR
Why does the demand curve slopes downward?
 
12. Explain the problem of what to produce.
 
13. When the price of the commodity falls by Rs. 2 per unit, its quantity demanded increases by 10 units. Its price elasticity of demand is ( -)1. Calculate its quantity demanded at the price before change which was Rs 10 per unit.
 
14. Explain the concept of consumer equilibrium when a consumer purchases two commodities. (IC Approach)
 
OR
Define Indifference Curve. Explain any two features of indifference Curve.
 
15. Explain the law of variable proportion with the help of total product and marginal product curve.
 
16. State whether the following statement are true or false. Give reason for your answer.
(a) When total revenue is constant average revenue will also be constant.
(b) Average variable cost can fall even when marginal cost is rising.
(c) When marginal product falls average product will also fall.



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CBSE Class 12 Economics Sample Paper 2015 Solved Set B

We hope you liked the above provided CBSE Class 12 Economics Sample Paper 2015 Solved 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 2015 Solved 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.

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