(Economics) CBSE Class 12th Economics Exam Paper, 2004 (Compartment Outside Delhi: Set - 2)
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Paper : CBSE Class 12th Economics Exam Paper, 2004 (Compartment Outside Delhi: Set - 2)
SECTION - A
Q. 1. Answer the following questions: 1x4
(i) Give one example of fixed cost.
(ii) Give meaning of producer’s equilibrium.
(iii) Define market period.
(iv) State what economics is all about.
Q. 6. State three features of perfect
competition. Draw Average Revenue Curve of a firm in this type of market. 4
Or
State three features of monopolistic competition. Draw Average Revenue Curve of
a firm in this market.
Q. 7. Complete the following table: 4
| Output (units) | Total Revenue (Rs.) | Marginal Revenue (Rs.) | Price (Rs.) |
| 1 2 3 4 |
4 6 6 4 |
— — — — |
— — — — |
Q. 9. A consumer spends Rs. 90 on a good when its price is Rs. 9 per unit. When the price falls to Rs. 6 per unit, he spends Rs. 120. Calculate the price elasticity by percentage method. 4
SECTION - B
Q. 16. If marginal propensity to consume is 0.2 and increase in investment is Rs. 120 crores, calculate increase in national incomes. 3
Q. 17. Calculate Net Value Added at Market Price from the following: 3
|
(Rs. in lkhs) |
|
| (i) Opening stock (ii) Net indirect tax (iii) Subsidy (iv) Intermediate cost (v) Closing stock (vi) Depreciation (vii) Sales |
10 |
Q. 22. Calculate (a) National Income (b) Net National Disposable Income: 4, 2
| (Rs. in lakhs) | |
| (i) Government final consumption
expenditure (ii) Net imports (iii) Change in stocks (iv) Consumption of fixed capital (depreciation) (v) Private final consumption expenditure (vi) Net factor income from abroad (vii) Net domestic capital formation (viii) Net current transfers from abroad (ix) Net indirect tax |
60 |