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23rd July 2014, 09:36 AM
Super Moderator
 
Join Date: Apr 2013
Re: CBSE Board Economics papers

Here I am giving you question paper for CBSE board of education economics subject examination in a PDF file attached with it .

1. Define an indifference curve. 1
2. Name the characteristic which makes monopolistic competition different from
perfect competition. 1
3. Why is demand for water inelastic? 1
4. State one feature of oligopoly. 1
5. In which market form demand curve of a firm is perfectly elastic? 1
6. Distinguish between ‘increase in demand’ and ‘increase in quantity demanded’
of a commodity. 3
122
7. Explain the law of diminishing marginal utility with the help of a utility schedule. 3
OR
Goods X and Yare substitutes. Explain the effect of fall in price of Y on demand
for X.
8. At a price of Rs. 5 per unit of commodity A, total revenue is Rs. 800. When its
price rises by 20 percent, total revenue increases by Rs. 400. Calculate its price
elasticity of supply. 3

9. Explain the implications of freedom of entry and exit of firms under perfect
competition. 3
10. Given below is the cost schedule of a firm. Its average fixed .cost is Rs. 20 when
it produces 3 units.


CBSE Board Economics papers









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