Classic Jhumka Earrings Silver INR 113.00 Free Shipping Buy Now
Black Jhumka Earrings & Studs INR 94.00 Free Shipping Buy Now
Classic Jhumka Earrings Silver INR 207.00 Free Shipping Buy Now
Beautiful stud earing INR 93.00 Free Shipping Buy Now
Different Size Hoop and Stud Earrings Set INR 243.00 Free Shipping Buy Now
Golden Hoop Earing INR 70.00 Free Shipping Buy Now
Home Questions & Answers General Knowledge Economics Question Answers

    A firm has a certain initial equilibrium price when demand function Q(D)=1004P and supply function is 30+3P. If the firm’s demandfunction is shifted to 170 4P, what is the initial equilibrium price and new equilibrium price?
     
     

  • 10 and 20
  • 20 and 10
  • 15 and 20
  • 7 and 17

Previous Papers

Model Tests

Current Affairs

Question Answers

Related Question & Answers

When negative income effect is greater than substitution effect, it is the?
 
The Prisoner's Dilemma illustrates ?
 
When the price lines are parallel it implies ?
Negative network externality in which a consumer wishes to own an expensive or unique good ?
 
The Lerner Index equals ?

Related Practice Tests

Economics Quiz - Question & Answers Set - 58
Economics Quiz - Question & Answers Set - 57
Economics Quiz - Question & Answers Set - 56
Economics Quiz - Question & Answers Set - 55
Economics Quiz - Question & Answers Set - 54
Categories
ActAppointmentsAstronomyAwardsBooks and AuthorsBusinessCinemaConstitutionCultureDays and YearsDefenceEconomicsEducationElection CommissionEnvironmentEstablishmentFamous PlacesFinancial AwarenessGeneral AwarenessGeographyGoverment Plans and SchemesGovernanceHindu Religion & LawHonours and AwardsHuman RightsIndian CultureIndian National MovementInternational OrganizationsInventionLiteratureMarketingMedicalNational OrganizationsObituariesParliamentPersonalitiesPoliticsPrinting TechnologyRenaissanceSports