Q. If demand curve for trekking boots is D = 67500 - 18P and supply curve is S = 22500 + 12P, find the equilibrium Price?
A) 750
B) 1500
C) 500
D) 2250
✔ Correct Answer: 1500
Exam Insight
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A) 750
B) 1500
C) 500
D) 2250
✔ Correct Answer: 1500
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