If demand curve for almonds is D = 73000 - 30P and supply curve is S = 18000 + 25P, find the equilibrium Quantity?
Equate D and S: 73000-30P=18000+25P => P=1000, Q=43000. Equilibrium quantity 43000 units.
Ref: NCERT Economics Class XI Chapter 2 Consumer Behaviour explains demand law elasticity utility indifference curve consumer equilibrium clearly.