Demand function for a commodity is D = 44 – 7P and supply function S = 2P –10, then theequilibrium price is:

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Question:

Demand function for a commodity is D = 44 – 7P and supply function S = 2P –10, then theequilibrium price is:

A.

4

B.

6

C.

8

D.

10

Answer» b. 6

Note: The above multiple-choice question is for all general and Competitive Exams in India.