CBSE (Central Board of Secondary Education- Board Exam) Class-12 Economics: Questions 134 - 145 of 523

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Question number: 134

» Government Budget and the Economy » Classification of Expenditure

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Distinguish between revenue expenditure and capital expenditure in a government budget. Give two examples of each.

Question number: 135

» Producer Behaviour and Supply » Production Function

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Define ‘production function’.

Question number: 136

» Producer Behaviour and Supply » Supply » Determinants of Supply

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Explain the effect of the following on the supply of a commodity:

(a) Fall in the prices of factor inputs.

(b) Rise in the prices of other commodities.

Question number: 137

» Market and Price Determination » Perfect Competition

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State four features of a perfectly competitive market.

Question number: 138

» Producer Behaviour and Supply » Producer's Equilibrium

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What will be the price elasticity of supply at a point on a positively sloped, straight

line supply curve?

Question number: 139

» Producer Behaviour and Supply » Cost

One Liner Question▾

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Give meaning of balance of payments

Question number: 140

» Producer Behaviour and Supply » Cost

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Give meanings of (1) marginal physical product, (2) fixed cost, (3) variable cost, and (4) total revenue

Question number: 141

» Introductory Microeconomics » Meaning of Microeconomics and Macroeconomics

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State two characteristics of resources which give rise to an economic problem.

Question number: 142

» Producer Behaviour and Supply » Cost

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When is supply of a commodity said to be (i) elastic, (ii) inelastic and (iii) perfectly inelastic?

Question number: 143

» Government Budget and the Economy » Measures of Government Deficit

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Define marginal opportunity cost.

Question number: 144

» Balance of Payments » Balance of Payments Account

One Liner Question▾

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What is balance of trade?

Question number: 145

» Producer Behaviour and Supply » Supply » Market Supply

One Liner Question▾

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Explain the effect of ‘input price changes’ on the supply of a good

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