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CBSE Notes 2011-2012 » XII-Economics

PRICE DETERMINATION UNDER PERFECT COMPETITION

Explain market equilibrium. [NCERT]

Short answer question

Explain market equilibrium. [NCERT]

What is equilibrium price ? [AI 2008, 08C; Foreign 2008]

Short answer question

What is equilibrium price ? [AI 2008, 08C; Foreign 2008]

What is meant by equilibrium quantity ?

Short answer question

What is meant by equilibrium quantity ?

At a price of Rs. 15 per unit of a good, demand for the good is 200 units while supply is 300 units....

Short answer question

At a price of Rs. 15 per unit of a good, demand for the good is 200 units while supply is 300 units. What is likely to be its effect on price of this good ?

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