(English Medium) ICSE Class 10 - CISCE Question Bank Solutions for Economic Applications

Draw a perfectly inelastic supply curve.

Define the following concept:

Cross Elasticity of Demand

The policy of converting public ownership of an asset to private ownership is ______.

What is Privatization?

State three reasons why privatization is not always desirable.

Mention two important differences between Public Sector and Private Sector.

Use of high yielding variety of seeds of related to productivity of ______.

Use of high yielding variety of seeds of related to productivity of ______.

Use of high yielding variety of seeds of related to productivity of ______.

Which factor of production is not a hired factor?

Which factor of production is not a hired factor?

Which factor of production is not a hired factor?

Which market supplies homogeneous products?

The reward of an entrepreneur is in the nature of ______.

The reward of an entrepreneur is in the nature of ______.

The reward of an entrepreneur is in the nature of ______.

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 ______.

Which of the following types of capital gets exhausted after its use and gets embodied in the finished product?

Which of the following types of capital gets exhausted after its use and gets embodied in the finished product?