CBSE 12TH ECONOMICS - Online Test
Q1. Marginal Revenue is
Answer : Option A
Explaination / Solution:
No Explaination.
Q2. Barter system is now replaced by
Answer : Option C
Explaination / Solution:
No Explaination.
Q3. A firm maximizes its profits only when MR=MC
Answer : Option B
Explaination / Solution:
No Explaination.
Q4. If APC is 0.7 then APS will be
Answer : Option A
Explaination / Solution:
No Explaination.
Q5. Loan by govt.
Answer : Option B
Explaination / Solution:
No Explaination.
Q6. State which one of the following is true .
Answer : Option B
Explaination / Solution:
No Explaination.
Q7. At what point does total utility starts diminishing?
Answer : Option A
Explaination / Solution:
No Explaination.
Q8. Devaluation is a
Answer : Option C
Explaination / Solution:
No Explaination.
Q9. Any allocation of resources result in
Answer : Option D
Explaination / Solution:
Resource allocation arises as an issue because the resources of a society are in limited supply, whereas human wants are usually unlimited, and because any given resource can have many alternative uses.
Q10. The fixed cost curve is a horizontal straight line to the X axis because
Answer : Option B
Explaination / Solution:
No Explaination.
