For the following questions answer them individually
If demand curve for radial car tyres is D = 230000 - 19P and supply curve is S = 180000 + 6P, find the equilibrium Quantity?
Match the characteristics with their market structure:
(a) Differentiated products, but close substitutes for consumers so their demand curves are elastic.
(b) Firm will tend to set output so that it earns maximum profits.
