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The demand and supply equation for a certain commodity are 4q 7p=17 and p=q/3+7/4. Respectively where p is the market price and q is the quantity then the equilibrium price and quantity are: (a) 2, 3/4 (b) 3, 1/2 (c) 5, 3/5 (d) None of these? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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The demand and supply equation for a certain commodity are 4q 7p=17 and p=q/3+7/4. Respectively where p is the market price and q is the quantity then the equilibrium price and quantity are: (a) 2, 3/4 (b) 3, 1/2 (c) 5, 3/5 (d) None of these?, a detailed solution for The demand and supply equation for a certain commodity are 4q 7p=17 and p=q/3+7/4. Respectively where p is the market price and q is the quantity then the equilibrium price and quantity are: (a) 2, 3/4 (b) 3, 1/2 (c) 5, 3/5 (d) None of these? has been provided alongside types of The demand and supply equation for a certain commodity are 4q 7p=17 and p=q/3+7/4. Respectively where p is the market price and q is the quantity then the equilibrium price and quantity are: (a) 2, 3/4 (b) 3, 1/2 (c) 5, 3/5 (d) None of these? theory, EduRev gives you an
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