Sandeep Garg Macroeconomics Class 12: Chapter 11 Price Determination with Simple Applications

Sandeep Garg Class 12 Microeconomics Solutions Chapter 11 Price Determination with Simple Applications is explained by the expert Economics teachers from the latest edition of Sandeep Garg Microeconomics Class 12 textbook solutions. We at BYJU’S provide Sandeep Garg economics class 12 Solutions to give comprehensive insight about the subject to the students. These insights help as a priceless benefit to students while completing their homework or while studying for their exams. There are numerous concepts in economics, however, we at BYJU’S provide the students with the solution from Price Determination with Simple Applications, which will be useful for the students to score well in the board examinations.

Sandeep Garg Solutions Class 12 – Chapter 11 – Part A – Microeconomics

Question 1

How is market equilibrium determined?

Ans: Market equilibrium is determined when the quantity demanded of a commodity becomes equal to the quantity supplied.

Question 2

Graphically represent Viable industry.

Solution:

viable industry

Question 3

Graphically represent Non-Viable industry.

Solution:

non viable industry

Question 4

Graphically represent Increase in Demand.

Solution:

increase in demand

Question 5

Graphically represent quantity demanded and supplied.

Solution:

quantity demanded and suppliedThe above-provided solutions are considered to be the best solution for ‘Sandeep Garg Microeconomics Class 12 Solutions Chapter 11 Price Determination with Simple Applications’. Stay tuned to BYJU’S to learn more.

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