Q. If demand curve for alphonso mangoes is D = 25000 70P and supply curve is S = 10000 + 80P, find the equilibrium quantity?
A) 2,000 units
B) 18,000 units
C) 200 units
D) 1,800 units
✔ Correct Answer: 18,000 units
Exam Insight
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A) 2,000 units
B) 18,000 units
C) 200 units
D) 1,800 units
✔ Correct Answer: 18,000 units
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