CBSE Class 12 Economics Question Paper 2016 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.
1.There is inverse relation between price and demand for the product of a firm under : (choose the correct alternative)
(a) Monopoly only
(b) Monopolistic competition only
(c) Both under monopoly and monopolistic competition
(d) Perfect competition only
2.‘Homogenous products’ is a characteristic of : (choose the correct alternative)
(a) Perfect competition only
(b) Perfect oligopoly only
(c) Both (a) and (b)
(d) None of the above
3.Suppose total revenue is rising at a constant rate as more and more units of a commodity are sold, marginal revenue would be : (choose the correct alternative)
(a) Greater than average revenue
(b) Equal to average revenue
(c) Less than average revenue
4.When does ‘increase’ in supply take place ?
5.What is the relation between marginal cost and average cost when average cost is constant ?
Please click below link CBSE Class 12 Economics Question Paper 2016 Set 2.