CBSE Guess Papers Question Papers Class XII 2004 ECONOMICS (Set II

Wednesday 19th June 2013

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CBSE Guess > Papers > Question Papers > Class XII > 2004 > Economics > Compartment Outside Delhi Set-II

ECONOMICS (Set II—Compartment Outside Delhi)

Except for the following questions, all the remaining questions have been asked in Set I.

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 7 2 12 8 5 40

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 10 5 20 250 (-) 5 40 10 15

Economics 2004 Question Papers Class XII
Delhi		Outside Delhi		Compartment Delhi		Compartment Outside Delhi
	Set I		Set I		Set I		Set I
	Set II		Set II		Set II		Set II
	Set III		Set III

CBSE 2004 Question Papers Class XII
	English	Sociology
	Functional English	Psychology
	Mathematics	Philosopy
	Physics	Computer Science
	Chemistry	Entrepreneurship
	Biology	Informatics Practices
	Geography	Multimedia & Web Technology
	Economics	Biotechnology
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	Political Science	History
	Agriculture

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