CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 2

Access and download CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 2, carefully designed as per the latest 2025-26 examination guidelines issued by CBSE, NCERT, and KVS. These Class 12 Economics previous year question papers include detailed solutions, helping students to assess their performance and identify and improve key areas before the final exams.

Solved Economics Question Papers for Class 12

Practicing these Class 12 Economics question papers is the best way to understand the actual exam pattern and marking scheme. By solving these papers under timed conditions, Class 12 students can improve their speed and accuracy. Download the full CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 2 to begin your self-assessment today.

Economics Class 12 Question Paper PDF with Solutions

CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 2. Students can download the last year question papers using the link below. Free download of examination question papers with solutions. Last 10 year question papers should be practised to get better marks in examinations.

ECONOMIC 

1. When the total fixed cost of producing 100 units is Rs .30 and the average variable cost  Rs .3, total cost is : (Choose the correct alternative)

(a) Rs. 3

(b) Rs. 30

(c) Rs. 270

(d) Rs. 330

2. State one example of positive economics.

3. Define fixed cost.

4. When the Average Product (AP) is maximum, the Marginal Product (MP) is : (Choose the correct alternative)

(a) Equal to AP

(b) Less than AP

(c) More than AP

(d) Can be any one of the above

5. What is meant by inelastic demand ? Compare it with perfectly inelastic demand.

6. Explain the central problem of ‘‘for whom to produce’’.

OR

Explain the central problem of ‘‘choice of technique’’.

7. What is meant by price ceiling ? Explain its implications.

8. Given the price of a good, how will a consumer decide as to how much quantity to buy of that good ? Explain.

OR

What is Indifference Curve ? State three properties of indifference curves.

9. When the price of a commodity changes from Rs.  4 per unit to Rs. 5 per unit, its market supply rises from 100 units to 120 units. Calculate the price elasticity of supply. Is supply elastic ? Give reason.

10. Explain the conditions of consumer’s equilibrium using Indifference Curve Analysis.

11. Explain the conditions of producer’s equilibrium in terms of marginal revenue and marginal cost.

Please click the link below to download pdf file of CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 2.

CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 2

To understand the types of questions asked in past examinations, it is very important for Class 12 students to solve the CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 2 provided above. You can easily download these past papers for Class 12 Economics in PDF format for the last 10 years. By practicing these actual exam questions you will gain an understanding of the difficulty level and the variety of topics covered over the years. By solving these Previous Year Papers (PYPs) you will understand both descriptive and MCQ questions in your final tests.

Importance of solving CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 2

Regularly practicing CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 2 is the best way to improve your score in Class 12 Economics. These papers will give you details of the marking scheme and the paper structure used by the CBSE. By regularly attempting these under actual exam conditions at home, you can slowly improve your time management skills, which will help you to complete your Economics paper within the allowed duration.

Benefits of downloading CBSE Class 12 Question Papers

Having the CBSE Class 12 Economics Boards Question Paper Solved 2018 Set 2 in PDF format allows you to revise key concepts anywhere, even without an internet connection. These sets are a reliable tool to practice numerical problems and understand the correct approach to all types of answers. After solving the questions, you should compare your work with the solutions provided by our teachers. Along with these papers, students should always solve the Class 12 Economics Sample Papers and MCQ tests on studiestoday.com for a complete revision.

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