⚡ Rakhi Special - Flat 52% off on All Courses from 6 to 10 Aug! ⚡ Enroll Now

    Question

    In case of Cob web Model, Perpetual Oscillation is

    witnessed when
    A Slope of demand curve > Slope of supply curve Correct Answer Incorrect Answer
    B Slope of supply curve > Slope of demand curve Correct Answer Incorrect Answer
    C Slope of supply curve = Slope of demand curve Correct Answer Incorrect Answer
    D More elastic supply curve than demand curve Correct Answer Incorrect Answer

    Solution

    Practice Next
    ask-question