Question
Given market equilibrium of a good. What is the effect of simultaneous decrease in both demand and supply of that good on its equilibrium price and quantity?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
| Price (₹) | Household A (Units) | Household B (Units) | Household C (Units) |
| 8 | 6 | 12 | 22 |
| 7 | 7 | 13 | 23 |
| 6 | 8 | 14 | 24 |
| 5 | 9 | 15 | 25 |
| 4 | 10 | 16 | 26 |
|
Weges (In ₹)
|
100-110
|
100-120
|
120-130
|
130-140
|
140-150
|
|
Number of Workers
|
4
|
12
|
20
|
7
|
5
|
|
Cuntry
|
Export (in %)
|
|
USA
|
25
|
|
Japan
|
15
|
|
UK
|
30
|
|
China
|
20
|
|
Others
|
10
|
| Marks: | $0-10$ | $10-20$ | $20-30$ | $30-40$ | $40-50$ |
| No. of Students: | $10$ | $15$ | $10$ | $10$ | $5$ |