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CUET · MATHS · PYQ PAPER 2025

In the below mentioned demand supply curve, identify the equilibrium point
image

  1. A C
  2. B B
  3. C A
  4. D F
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Answer & Solution

Correct Answer

(C) A

Step-by-step Solution

Detailed explanation

In economics, the equilibrium point occurs where the Demand Curve \(P = D(x)\) and the Supply Curve \(P = S(x)\) intersect. Point A is the only position on the graph where both the buyer and the seller agree on the price and the amount of goods to be traded. Any point to the…
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