Advertisement

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