CBSE Guess > Papers > Question Papers > Class XII > 2005 > Economics > Compartment Delhi Set-II

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.
b) What is development expenditure in a government budget?
c) Give one example showing the difference between micro-economics and macroeconomics.

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