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ICSE Class X Mid-term 2025 : Economics

4 pages, 73 questions, 0 questions with responses, 0 total responses,

Taronish Mullan
Villa Theresa High School (VTS), Mumbai

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I J. j! ff Il i I I f II II j ! I ~ ~r~ 4 ~ , _ . . . . -T . ;;: JWJ:J. JMZ L . J HOOL V'ILLA THERESA HIGH SC n - Au gu st 2024 Fi rst Term Examinatio Std .lOB Sub ect: ECONOMICS 26/8/2024 Time: 2 Hrs M ark s : 80 Se ct io n- A from this section) (Attempt aJJ Questions [16) en options. giv the m fro s ion est qu swers to the nta ge ch an ge in QI: Choose the correct an nd ed is Jess than the pe rce ma de tity an qu in ge an I. If the percentage ch _ __ y of demand is _ _ _ the price, then the elasticit (a) Inelastic (b) Elastic ' (c) Perfectly Inelastic (d) Unit Elastic tween inc om e ll ha ve inv ers e rel ati on be wi ity od mm /co od ;,o __.; 2. _ _ _ _ _ _ _ and demand . (a) Normal (b) Inferior (c) Essential (d) Luxury ca r is Elastic because- - - - - 3. Demand for a sports l item no r a luxury item (a) It is ne ith er an essentia (b) It is a Ne ce ssa ry go od l uses (c) It can be pu t to severa (d) It is a luxury item co ns um er go od s. ndards for industrial an d sta wn do s lay _ _ _ 4. (a) AG M AR K (b) EC OM AR K (c) BIS (d )F SS AI in na tur e. is on cti du pro of tor fac a 5. Capital as -----(a) Du rab le (b) Perishable (c) Immobile (d) Limited shows 6. The below su pp ly cu rve , --------- SI ----- - - - - (a) Increase in Supply (b) Decrease in Supply (c) Expansion in Supply (d) Contraction in Su pp ly Co ntd on Pa ge 2

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