Pon Vidya Mandir Sr. Sec. School Chinmaya Vision School
Karur.
Worksheet Subject Grade AY Topic
: 9 :Economics : XII : 2018-19 :Micro economics
I. Answer the following questions 1. State any two central problems under’ problem of allocation of resources’. 2. State any three reasons, which give rise to an economic problem. 3. Explain the central problem for’ whom to produce’? 4. Describe the problem of what to produce. 5. Why does the problem of’ how to produce’ arise? Explain. 6. What is marginal rate of transformation? 7. Define opportunity cost. 7. What does the rightward shift of PPC indicate? Department of commerce/Eco worksheet 9/2018-19/Pvmsss,Karur
Pon Vidya Mandir Sr. Sec. School Chinmaya Vision School
Karur.
Worksheet Subject Grade AY Topic
Page 1
:9 :Economics : XII : 2018-19 :Micro economics
I. Answer the following questions. 1. State any two central problems under’ problem of allocation of resources’. 2. State any three reasons, which give rise to an economic problem. 3. Explain the central problem for’ whom to produce’? 4. Describe the problem of what to produce. 5. Why does the problem of’ how to produce’ arise? Explain. 6. What is marginal rate of transformation? 7. Define opportunity cost. 7. What does the rightward shift of PPC indicate?
Department of commerce/Eco worksheet .9/2018-19/Pvmsss,Karur
Page 1