Question
The equilibrium price of a commodity will
definitely rise if there is a/an :Solution
An equilibrium market price is the price at which there is no tendency for it to change. When price is lower than the equilibrium price, quantity demanded will be greater than quantity supplied . There will be tendency for the price to increase when price is higher than the equilibrium price, quantity supplied will be greater than quantity demanded . There will be a tendency for the price to decrease. Equilibrium market price is attained when the quantity demanded equals quantity supplied, it is sometimes called market clearing price .
Select the number from among the given options that can replace the question mark(?) in the following series.
523, 498, 475, 454, 435, ?
Statements:
All tables are chairs.
All chairs are fan.
Some fan are bulb.
Conclusion:
I. All chairs are tables.<...
Statements:
Only a few solutions is answer.
None of the answer is reason.
No reason is an application.
Conclusions:
I...
Which letter-cluster will replace the question mark (?) in the following series?
QFU, TLD, ?, ZXV, CDE
There are six persons, Z, N, A, D, H and V in a family. V is the paternal grandmother of Z. A is the sister of H. N is the father of A. Z is the only so...
Mr. AP, BP, CP, DP, EP, FP, GP and HP are in a meeting, sitting around a round table facing the centre. HP is sitting third to the left of EP. DP is sit...
If + means – , – means x , x means ÷ and ÷ means +, then what will come in place of ? in the given equation?
7 ÷ 20 – 5 x 20 + 2 = ?
...A series is given with one term missing. Select correct alternative from the given ones that will complete the series.
JWIG, ODCY, TKWQ, YRQI, ...
In the questions given below, there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be ...
In the questions given below, there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be ...