Solved UPSC CDS/OTA Question
A solved UPSC CDS/OTA PYQ - decoded step-by-step.
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Q · Demand and SupplyMedium · 45s
Which market condition leads to the equilibrium price?
TopicDemand and Supply
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained - no skipped algebra.
Equilibrium is where quantity demanded equals quantity supplied.
Final Answer: Option B - Quantity demanded equals quantity supplied