(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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