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Demand Project 11th C

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CBSE

Question Paper 2019 (Set-1)


Class 11 Economics

Time : 3 Hrs
M.M. : 80

(1 Mark Questions)

1. What is meant by Economics?


2. _______ refer to those cost which do not vary directly with the level of output.
3. When price falls with rise in output ,TR is ________ when MR is 0.
a. Maximum
b. Minimum
c. Zero
d. None of these
4. In case of perfect competition, a firm is in equilibrium when :
a. MC = MR
b. MC cuts MR from below
c. MC is rising when it cuts MR
d. All of these
OR
Define short run production function.

(3 Marks Question)

5. List three determinants affecting market demand.


6. Explain the central problem of what to produce in an economy.
OR
Give any three differences between Micro Economics and Macro Economics.

(4 Marks Question)

7. Discuss the difference between expansion in demand and increase in demand using
diagrams.
8. What is perfect competition? Briefly explain any three features of it.

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9. The coefficient of elasticity of supply of a commodity is 2. A seller supplies 20 units of this
commodity at a price of Rs.10 per unit. Calculate the quantity supplied when price rises
by Rs. 2.
OR
Find out the missing values from the following table.
Variable Factor (Units) 0 1 2 3 4 5

TP (Units) - - 10 - 24 -

AP (Units) - - - 6 - 5

MP (Units) - 4 - - - -

(6 Marks Question)

10. Discuss in brief the following concepts : (i) Indifference Curve (ii) Indifference Map, (iii)
Marginal rate of substitution, (iv) Monotonic preference, (v) Budget Set, (vi) Budget line.
OR
What is consumers equilibrium? Explain it in case of two commodities using utility
analysis.
11. Discuss the relationship between:
a. TC, TVC and TFC
b. TR and MR when price falls with rise in output.
12. Explain the implication of “Price Discrimination” feature of Monopoly. Also write the
reasons for emergency of monopoly.

Section B (Statistics)
(1 mark Question)

13. Give the meaning of frequency array.


14. The class midpoint is equal to :
a. The average of the upper class limit and the lower class limit.
b. Th e product of upper class limit and the lower class limit.
c. The ratio of the upper class limit and the lower class limit.
d. None of the above.
15. What are the kinds of frequency distribution?
16. When data are classified on the basis of time, then it is called :

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a. Chronological classification
b. Spatial Classification
c. Qualitative Classification
d. Quantitative Classification
OR
A statistical series in which both the upper and lower limits are included in the same
class is called_______________
a) Inclusive series
b) Exclusive series
c) Mid-Value series
d) Cumulative frequency series

(3 Marks Question)

17. Draw a multiple bar diagram form the following data :


Year Sales (Rs.'000) Gross Profit (Rs. '000) Net Profit (Rs'000)
2005 120 30 20
2006 130 40 25
2007 140 50 40
2008 150 60 50
18. Prepare a graph to represent the following data relating to imports and exports from
2001 to 2007 :
Year 2001 2002 2003 2004 2005 2006 2007
Import (Rs.) 20 22.7 38 42.5 52 60.2 65.75
Export (Rs.) 25.2 28 40.1 50.5 66.3 70.9 75.7
OR
What are the advantages of graphics representations of statistical data?

(4 Marks Question)

19. Make a histogram, frequency polygon and frequency curve from the following data :
x 0-10 10-20 20-30 30-40 40-50 50-60 60-70
y 6 16 28 30 24 20 5
OR

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Draw the ogives, from the following data and find the median
Weekly Wages 0-20 20-40 40-60 60-80 80-100
No. of Workers 40 51 64 38 7
20. Find the arithmetic mean of the following frequency distribution by short-cut method :
Age (in Years) Below-10 10-20 20-30 30-40 40-above
No. of persons 5 8 12 6 4

21. The following table gives the marks of 59 students in history. Calculate the value of
median and mode.

Marks 0-10 10-20 20-30 30-40 40-50 50-60 60-70


Frequency 4 8 11 15 12 6 3

(6 Marks Question)

22. From the following table, calculate mean deviation from median and mean :
X 10 12 14 16 18 20
F 2 3 6 4 3 2
23. What is correlation? W hat are the three types of correlation? Illustrate any two
importance of it.
OR
Calculate the Karl Pearson's coefficient of correlation of the data given below by step
deviation method :
X 55 60 80 70 65
Y 40 45 55 55 40
24. Compute Paasche’s and Laspeyre's index numbers from the following data :
Base Year Current Year
Commodities Quantity Price Quantity Price
A 10 10 20 15
B 3 25 5 10
C 4 20 10 15
D 15 5 18 7
E 2 30 4 30

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