CUET Economics - Suppose the demand and supply curves of salt are given by: Q_d = 1000 - p Q_s = 700 + 2p Find the equilibrium price and quantity. | PYQs + Solutions

CUET Economics 2025 2 June Shift 1

Micro

Easy

Equilibrium price = 100, Equilibrium Quantity = 900

Equilibrium price = 200, Equilibrium Quantity = 900

Equilibrium price = 200, Equilibrium Quantity = 600

Equilibrium price = 100, Equilibrium Quantity = 600

✅ Correct Option: 1

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How government intervention through price control policy will have an impact on the market?

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CUET Economics 2025 2 June Shift 1 PYQs