CBSE Class 12 Economics Sample Paper 2015 Set 02 Solved

Economics
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Sample Question Papers for Class 12 Economics

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Section-A

1. What is law of demand?

2. State one feature of oligopoly

3. In which market form demand curve of a firm is perfectly elastic.

4. Why is demand for water inelastic?

5. Name the characteristic which make monopolistic competition different from prefect competition.

6. Explain any three factors that affect elasticity of demand.

7. Given below is the cost schedule of a firm. Its average fixed cost is Rs20 when it produced 3 units.

CBSE Class 12 Economics Sample Papers 2015 (2) 1

8. Total revenue at the price of Rs 4 per unit of a commodity is Rs 480. Total revenue increases by Rs 240 when its price rises by 25 percent. Calculate its price elasticity of supply.
 
OR
Differentiate between Change in Quantity supplied and Change in supply.
 
9. Explain the implication of homogenous product feature of prefect competition.

10. State & explain the law of diminishing marginal utility with the help of utility schedule.

11. Explain the effect of increase the income of buyer of a normal commodity on its equilibrium price.
 
OR
Why does the demand curve slopes downward?
 
12. Explain the problem of what to produce.
 
13. When the price of the commodity falls by Rs. 2 per unit, its quantity demanded increases by 10 units. Its price elasticity of demand is ( -)1. Calculate its quantity demanded at the price before change which was Rs 10 per unit.
 
14. Explain the concept of consumer equilibrium when a consumer purchases two commodities. (IC Approach)
 
OR
Define Indifference Curve. Explain any two features of indifference Curve.
 
15. Explain the law of variable proportion with the help of total product and marginal product curve.
 
16. State whether the following statement are true or false. Give reason for your answer.
(a) When total revenue is constant average revenue will also be constant.
(b) Average variable cost can fall even when marginal cost is rising.
(c) When marginal product falls average product will also fall.



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CBSE Class 12 Economics Sample Paper 2015 Set 02 Solved & Sample Question Papers for Class 12 Economics

Class 12 Economics CBSE Class 12 Economics Sample Paper 2015 Set 02 Solved PDF Download Guide

Access structured sample papers for Class 12 Economics. Solving the CBSE Class 12 Economics Sample Paper 2015 Set 02 Solved provided above helps students understand official exam blueprints and tackle anticipated question formats with confidence.

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How to Analyze Your Performance in CBSE Class 12 Economics Sample Paper 2015 Set 02 Solved

  1. Verify Answers: Compare your responses against professional teacher solutions provided in the sample paper keys.
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  3. Concept Reinforcement: Consult the official NCERT book for Class 12 Economics when stuck before re-attempting problems.

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