Q. If demand curve for an electric tooth brush is D = 25000 - 7P and supply curve is S = 10000 + 8P, find the equilibrium Price?
A) Rs 1000
B) Rs 150
C) Rs 50
D) Rs 400
✔ Correct Answer: Rs 1000
Exam Insight
-
A) Rs 1000
B) Rs 150
C) Rs 50
D) Rs 400
✔ Correct Answer: Rs 1000
-
Explore educational articles, current affairs, science, technology, history, politics, business and hundreds of learning resources organized into categories.
Explore the most searched educational topics.
Explore Sarkari Jobs, Admit Cards & Results easily on TutorliV
Practice topic-wise MCQs for competitive exams like SSC, UPSC, Banking & more.