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CBSE Guess > Papers > Important Questions > Class XII > 2010 > Economics > Economics By Ms Rinky Ganguly

CBSE CLASS XII

SECTION - A

Q. 1. Given the fixed cost=rs12.calculate TVC,TC,&AVC from the following data:

 Output(units): 1 2 3 4 5 6 MC(RS) 9 7 2 4 8 12

Q. 2 . The following table shows the total cost schedule of a competitive firm .price =10.calculate total profit at each level of output.find the profit maximizing level of output.

 Output(units): 0 1 2 3 4 5 6 7 8 9 10 TC(RS) 5 15 22 27 31 38 49 63 81 101 123

Q. 3 . A CONSUMER BUYS 70 UNITS OF A COMMODITY AT APRICE OF RS7 per unit.when price falls to rs 6 per unit he buys 90 units.find out whether the demand for the commodity is elastic or inelastic.

SECTION - B

Q. 4 . WITH AN INCREASE IN INVESTMENT by rs. 100crore national income of a country increase by rs 250 crore.find out the marginal propensity to consume.

Q. 5. calculate net value added at factor cost from the following data:

 items rs (inlacs) i) Sales 800 ii) Purchase of machines (for installation in factory) 500 iii) Purchase of raw materials 450 iv) Subsidies 50 v) Consumption of fixed capital 60 vi) wages and salaries 200 vii) change in stock 40

Q. 6. (A)when mpc is 0.2 how much new investment is required to make the national income rise by rs .600 crore?calculate
(B)In an economy c=1000+0.5y and I=2000 Calculate
(i)equilibrium level of income
(ii)level of savings at equilibrium level of income

Q. 7. From the data given below ,calculate national income by
(i)income method
(ii)expenditure method

 items rs (in crores) i) govt. final consumption expenditure 7341 ii) Indirect taxes 8834 iii) Gross fixed capital formation 13,248 iv) Mixed income of the self employed 29267 v) Subsidies 1,120 vi) Change in stocks 3,170 vii) Operating surplus 9637 viii) Consumption of fixed capital 4,046 ix) Private final consumption expenditure 51,177 x) exports of goods and services 4,812 xi) net factor income from abroad - 255 xii) compensation of employees 23,420 xiii) imports of goods and services 5,664

Paper By : Ms Rinky Ganguly
Email Id : [email protected]
Ph No. : 09818035076