The students of Class 11 can be assured that the answers have been also provided by our teachers for all test paper of Economics so that you are able to solve the problems and then compare your answers with the solutions provided by us. After solving the questions given in the practice sheet which have been developed as per the latest course books also refer to the NCERT solutions for Class 11 Economics designed by our teachers Part A Microeconomics Chapter 3 Production and Costs worksheet Economics CBSE Class 11Īll practice paper sheet given above for Class 11 Economics have been made as per the latest syllabus and books issued for the current academic year. You can easily download and save all revision Worksheets for Class 11 Economics also from without paying anything in Pdf format. Daily questions practice of Economics printable worksheet and its study material will help students to have a stronger understanding of all concepts and also make them experts on all scoring topics. If you download the practice worksheet for the above chapter daily, you will get better scores in Class 11 exams this year as you will have stronger concepts. Teachers of studiestoday have referred to the NCERT book for Class 11 Economics to develop the Economics Class 11 worksheet. Worksheet for Economics CBSE Class 11 Part A Microeconomics Chapter 3 Production and Costs Studiestoday is the best portal for Printable Worksheets for Class 11 Economics students to get all the latest study material free of cost. All the latest practice worksheets with solutions have been developed for Economics by referring to the most important and regularly asked topics that the students should learn and practice to get better scores in their examinations. Students studying in Class 11 can easily download in Pdf format and practice the questions and answers given in the above practice worksheet for Class 11 Economics on a daily basis. The above practice worksheet for Part A Microeconomics Chapter 3 Production and Costs has been designed as per the current syllabus for Class 11 Economics released by CBSE. Please click on below link to download CBSE Class 11 Economics Production Possibility Curve WorksheetĬBSE Class 11 Economics Part A Microeconomics Chapter 3 Production and Costs Worksheet Economy employs all the resources efficiently and fully. Earth quake destroys existing stock of capitalĬ. Production possibility curve shifts to left (inward).Įconomy functions below the production possibility curve.Ģ6. What could be the shape of production possibility curve if ‘marginal rate of transformation’ is increasing in nature? Show with diagramĢ7. What can you say about the shape of production possibility curve if resources are equally efficient in the production of both the good? Show with diagram.Ģ8. How does Production possibility curve explain the problem of ‘What to Produce’? Show with a diagramĢ9. Why does increasing Marginal Rate of Transformation occur? Show the concept on a production possibility curve with schedule.ģ0. What happens to production possibility curve Whenī. Production possibility curve shifts to right (outward). How does it determine the shape of production possibility curve?Įconomy functions along the production possibility curve. Explain with the help of an illustration.Ģ4. Define marginal opportunity cost. How are central problems solved in such an economic system?Ģ3. Define opportunity cost. What are the characteristics of a market economy?Ģ0. How do central problems get solved in a ‘market economy’?Ģ1. What are resources? What are the basic characteristics of resources?Ģ2. Define a mixed economy. State any two assumptions behind the concept of production possibility curve?ġ7. What does the problem of ‘for whom to produce’ signify’?ġ8. What does the problem of ‘how to produce’ signify’?ġ9. Define a market. Show various production possibilities on a production possibility curve.ġ6. Define production possibility curve. 2. Distinguish between goods and services.ģ. What do you understand by ‘individual’ in economics?Ĥ. What does ‘allocation of resources’ mean?ħ. Give an example for a positive statement.ĩ. Give an example for normative statement.ġ1. Give two examples for micro economic variables.ġ3. Give two examples for macro economic variables.ġ4. How does problem of choices arise in an economy?ġ5. Define production possibilities.
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