(Download) CBSE Class-12 Sample Paper And Marking Scheme 2018-19 : Economics
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(Download) CBSE Class-12 Sample Paper And Marking Scheme 2018-19 : Economics
Class XII
Subject Economics (030)
Sample Question Paper 2018-19
MM: 80
Time Allowed: 3 hours
SECTION A – MICROECONOMICS
1 State the reason why Total Variable Cost (TVC) curve and Total Cost (TC) curve are parallel to each other.
2. If the Total Revenue of a firm increases by 45,000 due to an increase in sale of Good X from 50 units to 65 units, then marginal revenue will be ............................?
3. A Production Possibility Curve would be...................................... curve if all the available resources in an economy are equally efficient to produce both the goods.(Choose the correct alternative)
(a) a straight
line
(b) convex to origin
(c) concave to origin d) upward sloping
4. Which of the following is a variable cost?
a) Salary of
permanent staff
b) licence fees
c) rent of premises
d) wages
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