SELECT * FROM question_mgmt as q WHERE id=10310 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=3 AND subId=60 AND chapterId=612 and ex_no='1' AND status=1 ORDER BY CAST(question_no AS UNSIGNED)
Suppose the demand and supply curve of commodity XX in a perfectly competitive market are given by:
qD =700 - p
qs = 500 + 3p for p ≥ 15
= 0 or 0 ≤ p <15
Assume that the market consists of identical firms. Identify the reason behind the market supply of commodity X being zero at any price less than Rs 15. What will be the equilibrium price for this commodity? At equilibrium, what quantity of X will be produced?
Comments
Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.
Report a problem on Specifications:
Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.
Report a problem on Specifications:
Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.
Report a problem on Specifications: