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Previous Year SSC CHSL 2017 Tier I Questions

Q.

If demand curve for camping tents is D = 100000 - 17P and supply curve is S = 50000 + 8P, find the equilibrium Price?

[A] Rs. 1000
[B] Rs. 2000
[C] Rs. 4000
[D] Rs. 500

Answer & Explanation

Answer: Option [B]

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