ECONOMICS 2005 (Set II—Compartment Delhi)
Except for the following questions, all the remaining questions have been asked in Set I.
SECTION - A
Q. 2. Explain the effect of ‘change in prices of inputs used’ on the supply of a product. 3
Q. 3. Price elasticity of demand of a good is (-)1. 60 units of this good are bought at a price of Rs. 8 per unit. At what price will 45 units be bought? Calculate. 3
Q. 7. Explain the chain effect of ‘increase in demand’ on price, demand and supply of a good. Use diagram. 4
Q. 9. Calculate total variable cost and marginal cost at each given level of output from the following table 4
SECTION – B
Q. 13. Answer the following questions: 1x4
a) A country’s balance of trade is Rs. (-) 60 crores and value of import of goods is Rs. 100 crores. Find out the value of export of goods.
Q. 15. An increase in investment in a country leads to increase in national income by Rs. 200 crores. If marginal propensity to consume is 0.75, how much is the increase in investment? 3
Q. 17. Calculate Net Value Added at Market Price from the following data. 3
Q. 24. Calculate (i) Net Domestic Product at Factor Cost, and (ii) Personal Income from the following data: 3+3
Economics 2005 Question Papers Class XII
CBSE 2005 Question Papers Class XII