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HSEB || Model question of Economics Class 12

Class: 12 || Subject: Economics Unit-5 Theory of Production Long answer questions Explain the law of variable proportion. [10] Explain with diagrams, the three stages of law of variable proportions. [10] Explain the law of variable proportions. Does this law apply only in agriculture? [7+3=10] Diagrammatically explain the law of returns to scale. [10] Short … Read moreHSEB || Model question of Economics Class 12

HSEB || Important model questions of Economics-II Class 12 Chapter 4

Class: 12 || Subject: Economics UNIT 4: FACTORS OF PRODUCTION LONG ANSWER QUESTIONS Explain the Malthusian theory of population with criticism. [10] Discuss about advantages and disadvantages of division of labour. [10] Critically explain optimum theory of population. [10] Explain the law of variable proportion. [10] 5 What is division of labour? What about its … Read moreHSEB || Important model questions of Economics-II Class 12 Chapter 4