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Business Data Management · Quiz 1 · 5 Jun 2022 · May 2022 term

Question 14: What is the market-clearing price for eggs?\ NOTE: Enter…

Question 14

+1 markNumerical answer

The following table gives the sales and purchases of eggs at a Kirana store. With this information, answer the given subquestions assuming a linear relationship between price and quantities.

What is the market-clearing price for eggs?
NOTE: Enter your answer to the nearest integer.

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Correct answer: 3

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Question 14 of 20 in the IIT Madras BS Business Data Management (BDM) Quiz 1 paper sat on 5 Jun 2022, in the May 2022 term (IIT M DIPLOMA QUIZ1 EXAM QPE1 05 Jun 2022 IBA). It carries 1 mark.

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