Chapter 5. Forms of Market Q.6. 1. Observe the table and answer the question Maharashtra board economics HSC

Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board

 

Chapter 5. Forms of Market

Q.6. Observe the table and answer the question:

Price of banana (per dozen) in ₹	Demand (in dozen)	Supply (in dozen)	Relation between DD and SS
10	500	100	DD > SS
20	400	_____	DD > SS
30	_____	300	DD = SS
40	200	_____	DD < SS
50	______	500	DD < SS

1. Fill in the blanks in the above schedule.

ANSWER

Price of banana (per dozen) in ₹	Demand (in dozen)	Supply (in dozen)	Relation between DD and SS
10	500	100	DD > SS
20	400	200	DD > SS
30	300	300	DD = SS
40	200	400	DD < SS
50	100	500	DD < SS