CBSE Class 12 Economics Question Paper Foreign with answers 2017 (2)

Access and download CBSE Class 12 Economics Question Paper Foreign with answers 2017 (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 Question Paper Foreign with answers 2017 (2) to begin your self-assessment today.

Economics Class 12 Question Paper PDF with Solutions

CBSE Class 12 Economics Question Paper Foreign with answers 2017 (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.

 ECONOMICS

SECTION A

1. A firm is a price taker under

(a) Perfect competition

(b) Oligopoly

(c) Monopolistic competition

(d) Monopoly

2. When marginal utility is zero, total utility is

(a) zero

(b) minimum

(c) maximum

(d) negative

3. The expenditure on a good would change in the opposite direction as the price changes only when demand is

(a) elastic

(b) inelastic

(c) perfectly inelastic

(d) unitary elastic

4. There are only a few sellers under

(a) Perfect competition

(b) Monopolistic competition

(c) Monopoly

(d) Oligopoly

5. State the law of demand.

6. Give any three factors that can cause a rightward shift of demand curve.

7. Explain the meaning of opportunity cost with the help of an example.

8. Why is a Production Possibility Curve concave to the origin ? Explain.

                                       OR

Why does an economic problem arise ? Explain.

9. Explain the meaning of marginal rate of substitution. Why does it diminish as one good is substituted for the other ? Explain.

                              OR

Explain the meaning of budget line. What can cause a change in it ? Explain.

10. State the different phases in the behaviour of marginal product in the law of variable proportions. Also, show the same in a diagram.

Please click the link below to download pdf file of CBSE Class 12 Economics Question Paper Foreign with answers 2017 (2)

CBSE Class 12 Economics Question Paper Foreign with answers 2017 (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 Question Paper Foreign with answers 2017 (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 Question Paper Foreign with answers 2017 (2)

Regularly practicing CBSE Class 12 Economics Question Paper Foreign with answers 2017 (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 Question Paper Foreign with answers 2017 (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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