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Managerial Economics · Quiz 2 · 4 Aug 2024 · May 2024 term

Question 12: What is the size of the excess supply in the market with…

Question 12

+2 marksNumerical answer

Based on the above data, answer the given subquestions.

What is the size of the excess supply in the market with the price floor? _________________________

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Correct answer: 6

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Question 12 of 17 in the IIT Madras BS Managerial Economics (Managerial Economics) Quiz 2 paper sat on 4 Aug 2024, in the May 2024 term (IIT M DEGREE AN EXAM QDB2 4 Aug 2024). It carries 2 marks.

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