(English Medium) ICSE Class 10 - CISCE Important Questions for Economic Applications

What do you understand by ‘changing pattern of land use’? 

Explain any three such changes causing destruction to the ecosystem.

Identify the elasticity of supply (e_s) of S₁, S₂ and S₃ supply curves:

Identify the elasticity of supply for the following with proper reasoning:

Primitive and advanced technology.

Identify the factors of production of the following case and differentiate between them.

An active and passive factor of production.

Which of the following is not a correct match?

Identify the value of elasticity of supply for the supply curve OS and S₁S₂.

Explain time utility with an example.

Name the factors of production.

Identify the elasticity of supply for the following with proper reasoning:

Short run and long run period.

Identify the elasticity of supply for the following with proper reasoning:

Perishable and durable goods.

Identify the elasticity of supply for the following with proper reasoning:

Nature of the entrepreneurs.

Which market supplies homogeneous products?

The market structure which is characterized by a single producer of a commodity and when there are no close substitutes for that commodity is ______.

Monopsony is a market where the ______.

Discuss any two features of a monopolistically competitive market.

Define Discriminating Monopoly.

Which of the following is not a characteristic of land?

Which two forms of market earn normal profit in the long run?

Identify the market having a single buyer and many sellers from the following: