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CBSE Class 12th Economics Question Paper 2013 Set-1

May 4, 2013 06:00 IST
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    Some sample questions from CBSE Class 12th Economics Question Paper (Set-1) are given here

    Q. Define marginal revenue.

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    Q. What does a rightward shift of demand curve indicate?

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    Q. Under which market form i a firm a price taker ?.

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    Q. When is the demand for a good said to be perfectly inelastic ?

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    Q. Give one reason for an ''increase'' in supply of a commodity.

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    Q. How is the demand for a good affected by a rise in the prices of other goods ? Explain.

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