CBSE Class 12 Economics Question Paper Solved 2019 Set I

Scroll down for PDF

CBSE Class 12 Economics Question Paper Solved 2019 Set I. Students can download the last year board exams 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.

SECTION A

(MICROECONOMICS)

1. If the percentage change in quantity supplied of commodity X is more than the percentage change in price of the commodity X, the coefficient of price elasticity of supply would be _______________ : (Choose the correct alternative)

(a) Es = 1

(b) Es < 1

(c) Es = 0

(d) Es > 1

2. If the average fixed cost of producing 4 units of output is Rs. 60, then the value of total fixed cost for producing 5 units will be _____________ . (Fill up the blank)

OR

State any two examples of variable cost.

3. .A production possibility curve (PPC) would be concave to the origin if marginal opportunity cost is : (Choose the correct alternative)

(a) Increasing

(b) Decreasing

(c) Constant

(d) Negative

OR

In the given figure X1Y1 and X2Y2 are Production Possibility Curves in two different periods T1 and Trespectively for Good X and Good Y. A1 and A2 represent actual outputs and P1 and P2 represent potential outputs respectively in the two time periods.

The change in actual output of Goods X and Y over the two periods would be represented by movement from _________ . (Fill up the blank)

(a) A2 to P2 (b) A1 to P2

(c) P1 to A2 (d) A1 to A2

4. The marginal product curve in the input-output plane, looks like ____________ : (Choose the correct alternative)

(a) a ‘U’ shaped curve

(b) an inverse ‘U’ shaped curve

(c) an inverse ‘S’ shaped curve

(d) an ‘S’ shaped curve

5. Explain briefly the central problem of ‘‘What to produce’’.

Latest NCERT & CBSE News

Read the latest news and announcements from NCERT and CBSE below. Important updates relating to your studies which will help you to keep yourself updated with latest happenings in school level education. Keep yourself updated with all latest news and also read articles from teachers which will help you to improve your studies, increase motivation level and promote faster learning

Simple tips to Excel in Examinations

We are entering the last quarter of the Academic Session. With examinations just around the corner, I am sure all of us are carrying a mixed bag of Stress, Excitement, and Anxieties!! So, first and foremost- Let’s be Positive and Futuristic! It’s most important to...

CBSE Board Exam Date Sheet of class 10th and 12th

The Central Board of Secondary Education (CBSE) released the Date sheet of Class 10 and Class 12th 2020 examination on the official website cbse.nic.in. The board examination of Class 12 will be conducted from 15 February to 30 March 2020, while the board examination...

CBSE Counseling for Board exam 2020 starts today

The 23rd psychological Counseling starts 1st February (today) for The Class10 and Class12 CBSE students and their parents, by the Central Board of Secondary Education (CBSE).    This Counseling service is cost-free and this counseling service will be available every...

×