Re: JNU 2012 SSS DOUBTS
Posted by ViV on Apr 22, 2014; 6:10am
URL: http://discussion-forum.276.s1.nabble.com/JNU-2012-SSS-DOUBTS-tp7587457p7587575.html
@Shefali draw Demand & Supply curve showing equilibrium at Rs.1500. Now draw a straight price line at Rs.1600. This new price line will cut both Demand and Supply curve at different points. If u see from the X axis you will find different quantities of Demand and supply where D<S. why the option b is the answer has been explained by Arushi.