Question 48
|
Price of fruit (Le) |
Supply (No of baskets) |
Demand (No of baskets) |
| 1,000.00 | 10 | 60 |
| 2,000.00 | 20 | 50 |
| 3,000.00 | 30 | 40 |
| 4,000.00 | 40 | 30 |
| 5,000.00 | 50 | 20 |
| 6,000.00 | 60 | 10 |
At Le 1,000.00, what will be the excess demand over supply of mangoes?
Objective