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Old January 29th, 2014, 10:15 AM
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Join Date: Jun 2013
Default Re: Economics12th Arts Stream Question Paper

Here I am giving you question paper for Economics 12th Arts stream of CBSE board in PDF file attached with it so you can get it easily…

Some questions are given below :

Section A
1. State two features of resources that give rise to an economic problem. (1)
2. What happens to total expenditure on a commodity when its price falls and
its demand is price elastic?
(1)
3. What happens to equilibrium price of a commodity if there is an ‘increase’ in
its demand and ‘decrease’ in its supply?
(1)
4. Give the meaning of equilibrium price. (1)
5. What is meant by cost in economics? (1)
6. State any three factors that cause an ‘increase’ in demand of a commodity. (3)

7. What will be the price elasticity of supply at a point on a positively sloped,
straight line supply curve?
(3)
8. Explain the shape of a production possibility frontier.
OR
Explain the Central problem “how to produce.”
(3)
9. How does the nature of a commodity influence its price elasticity of
demand?
Attached Files Available for Download
File Type: pdf CBSE Economics12th Arts Stream Question Paper.pdf (1.67 MB, 23 views)
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