Economics · Market Equilibrium Conditions
Match List-I (Equilibrium Condition) with List-II (Demand & Supply Curves Intersections) and select the correct answer using the codes given below: List-I: P. Unique and Stable Equilibrium Q. Unique and Unstable Equilibrium R. Multiple Equilibria S. No Equilibrium List-II: (i) Demand curve does not intersect supply curve (ii) Demand curve intersects supply curve more than once (iii) Demand curve intersects supply curve from below (iv) Demand curve intersects supply curve from above
- 1P-(iii), Q-(ii), R-(i), S-(iv)
- 2P-(iii), Q-(iv), R-(i), S-(ii)
- 3P-(iv), Q-(iii), R-(ii), S-(i)✓
- 4P-(iii), Q-(i), R-(ii), S-(iv)
Correct answer
P-(iv), Q-(iii), R-(ii), S-(i)
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