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CBSE XII Sample / Mock 2012 : ECONOMICS with Answers (Paper I)

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Sample Question Paper I Economics Class XII Time 3 Hours. Maximum Marks 100 Instructions 1. All questions in both the sections are compulsory. 2. Marks for questions are indicated against each. 3. Question Nos. 1-5 and 17-21 are very short-answer questions carrying 1 mark each. They are required to be answered in one sentence each. 4. Question Nos. 6-10 and 22-26 are short-answer questions carrying 3 marks each. Answer to them should not normally exceed 60 words each. 5. Question Nos. 11-13 and 27-29 are also short-answer questions carrying 4 marks each. Answer to them should not normally exceed 70 words each. 6. Question Nos. 14-16 and 30-32 are long-answer questions carrying 6 marks each. Answer to them should not normally exceed 100 words each. 7. Answer should be brief and to the point and the above word limit be adhered to as far as possible. Section A 1. 2. 3. State two features of resources that give rise to an economic problem. What happens to total expenditure on a commodity when its price falls and its demand is price elastic? What happens to equilibrium price of a commodity if there is an increase in its demand and decrease in its supply? (1) (1) (1) 4. Give the meaning of equilibrium price. (1) 5. What is meant by cost in economics? (1) 6. State any three factors that cause an increase in demand of a commodity. (3) 7. What will be the price elasticity of supply at a point on a positively sloped, straight line supply curve? (3) Explain the shape of a production possibility frontier. 8. OR 5 (3)

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Additional Info : CBSE Class XII Board Solved Sample / Mock Question Paper 2012 Economics with Answers
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