The individual demand and supply functions of a product are given as: Dx=10-2Px,Sx=10+2Px, where Px stands for price and Dx and Sx respectively stands for quantity demanded and quantity supplied. If there are 4,000 consumers and 1,000 firms in the market, then equilibrium price will be :

The individual demand and supply functions of a product are given as: Dx=10-2Px,Sx=20+2Px, where Px stands for price and Dx and Sx respectively stands for quantity demanded and quantity supplied. If there are 4,000 consuers and 1,000 firms in the market, then quantity demanded and supplied at the equilibrium price of rupay 2.

The supply function of a product X is given as: Sx 6Px+3, where Px stands for price. The sprice of 5 will be:

The demand function of a product X is given as : Dx = 12 - 2Px, where Px stands for price. The demand at price of Rs. 2 will be :

The demand function of a product X is given as : Dx= 12- 2px, where Px stands for price. If an individual Y has a demand of 8 units, then market price of the product is :

The supply function of a product X is given as: Sx 6Px+3 , where Px stands for price. At what price the firm will be willing to supply 27 pieces in the market?

The supply function of a product X is given as: Sx 6Px +3, where Px stands for price. 1,000 firms in the market, then market supply for the product at market price of 4 will be:

The demand function of a productX is given : Dx = 12- Px, where Px stands for price. If there are 5,000 costomers for the product, then demand for the product at market price of Rs. 3 will :

Which of the following statements is/are true ? 1. If increase in demand and supply are of equal magnitude, the price will remain unchanged, but the equilibrium quantity will increase. 2. If increase in demand is of greater magnitude than increase in supply, both equilibrium price and equilibrium quantity will increase. 3. If increase in supply is of greater . magnitude than increase in demand, equilibrium price will fall but equilibrium quantity will increase. Select the correct answer using the code given below: