CBSE Class 11 Economics Worksheet Set E Solved

Read and download free pdf of CBSE Class 11 Economics Worksheet Set E Solved. Download printable Economics Class 11 Worksheets in pdf format, CBSE Class 11 Economics All Chapters Worksheet has been prepared as per the latest syllabus and exam pattern issued by CBSE, NCERT and KVS. Also download free pdf Economics Class 11 Assignments and practice them daily to get better marks in tests and exams for Class 11. Free chapter wise worksheets with answers have been designed by Class 11 teachers as per latest examination pattern

All Chapters Economics Worksheet for Class 11

Class 11 Economics students should refer to the following printable worksheet in Pdf in Class 11. This test paper with questions and solutions for Class 11 Economics will be very useful for tests and exams and help you to score better marks

Class 11 Economics All Chapters Worksheet Pdf

PART A

1. Price elasticity of supply is unitary. What could be the percentage change in quantity supplied if its price increases by 10 percent?

2. Define elasticity of supply 

3. A downward movement along the same supply curve is due to:
(i) Increase in prices of inputs
(ii) Increase in unit taxes
(iii) Increase in price of substitute in production
(iv) Decrease in price of the good.

4. How does supply of a commodity change when government imposes a unit tax? Explain with diagram

5. Briefly explain the theory of firm’s equilibrium under conditions of perfect competition. Use diagram.

SECTION B

6. Define third quartile. 

7. State one area in which mode is widely used.

8. Second quartile is also called:
(i) Mean
(ii) Range
(iii) Mode
(iv) Median

9. Find lower quartile and upper quartile from the following

Values: 9   15   6   12   20   18  8   11   13   10   14

10. Locate Value of mode on a graph and verify the result

CBSE Class 11 Economics Worksheet Set E Solved 1


VALUE POINTS 


1. 10% Increase 

2. Degree of responsiveness of quantity demanded for a given change in price of the good

3. (iv) Decrease in price of the good.

4. Init tax will increase MC. Less units only can be supplied at the same price. MC curve shift up. Supply curve will shift to left. Supply decreases.

CBSE Class 11 Economics Worksheet Set E Solved 2

5. A profit maximizing firm will produce that many numbers of units at which profit is maximum. Profit is maximum when TR-TC is maximum. TR-TC is maximum when two conditions are achieved.

a. MR must be equal to MC at profit maximum output

b. MC must be non diminishing at profit maximum output

If MR>MC, increase in TR is more than increase in TC when firm increases output. Profit is increasing when firm increases output. Firm is not at equilibrium because it wants to increase output.

If MRoutput.

This means Firm makes maximum profits when MR=MC. Firm is at equilibrium

CBSE Class 11 Economics Worksheet Set E Solved 3

At point A MC=MR but MC is falling so that firm is not at equilibrium
At output Q1, MR>MC, so that firm will increase the output
At output level Q3 Mc>MR, firm will reduce output
At Output Q2 Firm is at equilibrium because MC=MR and MC is falling.

PART B

6. Quartiles are values that divide the arranged series in to four equal parts 

7. Quality control 

8. (iv) Median

9. Arrange values in ascending order.

6, 8, 9, 10, 11, 12, 13, 14, 15, 18, 20

Q1= (N+1)/4 the item; 11+1/4 = 12/4 = 3rd item. Q1= 9
Q2 = 2(N+1)/4 the item. 2(11+1)/4; 6th item. Q2 = 12
Q3 = 3((N+1)/4 the item 3(11+1)/4; 9th item. Q3 = 15

10. Mode = l + (fm-f1)/(2xfm-f1-f2) x h
     =55 + (18-10)/(2x18-10-16) x5
     =55 +4 = 59
     Histogram and location


Please click on below link to download CBSE Class 11 Economics Worksheet Set E Solved

Indian Economic Development Chapter 01 Indian Economy on the Eve of Independence
CBSE Class 11 Economics Indian Economy On The Eve Of Independence Worksheet
Indian Economic Development Chapter 02 Indian Economy 1950-1990
CBSE Class 11 Economics Indian Economy Worksheet
Indian Economic Development Chapter 03 Liberalisation, Privatisation and Globalisation: An Appraisal
CBSE Class 11 Economics Liberalisation Privatisation and Globalisation An Appraisal Worksheet
Indian Economic Development Chapter 04 Poverty
CBSE Class 11 Economics On Poverty Worksheet
Indian Economic Development Chapter 05 Human Capital Formation In India
CBSE Class 11 Economics On Human Capital Formation Worksheet
Indian Economic Development Chapter 06 Rural Development
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Indian Economic Development Chapter 07 Employment Growth Informalisation and Other Issues
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Indian Economic Development Chapter 08 Infrastructure
CBSE Class 11 Economics Infrastructure Worksheet
Indian Economic Development Chapter 09 Environment and Sustainable Development
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Indian Economic Development Chapter 10 Comparative Development Experiences Of India and Its Neighbours
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Statistics for Economics Chapter 05 Measures of Central Tendency
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Statistics for Economics Chapter 08 Index Numbers
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CBSE Class 11 Economics All Chapters Worksheet

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