Sample Paper – 2014 Class – XII Subject – Economics   Time : 3 hrs                                                                                                                M....

Sample Paper – 2010 Class – XII Subject – Economics   Time : 3 hrs                                                                                                 M. Marks. 100 General instructions All questions in...

Sample Paper – 2010 Class – XII Subject – Economics   INTRODUCTORY MICRO ECONOMICS   Define marginal revenue.                                                                                [1] When APP is at its maximum, what is the relation between MPP and APP?[1] Define producer’s equilibrium.                                                                       [1] A fall in price of a good results in decrease in expenditure on it. What is its elasticity of demand?                                                                                     [1] What do returns to scale refer to?                                                                   [1] Explain the central problem...

Sample Paper – 2014 Class – XII Subject – Economics   Time : 3 hrs                                                                                        M. Marks. 100 General instructions All questions in both the sections are compulsory....