Q. If demand curve for racing cycles is D = 59600 - 6P and supply curve is S = 29600 + 4P, find the equilibrium Quantity?
A) 300
B) 118000
C) 6000
D) 41600
✔ Correct Answer: 41600
Exam Insight
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A) 300
B) 118000
C) 6000
D) 41600
✔ Correct Answer: 41600
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