Question

In case of Cob web Model, Perpetual Oscillation is witnessed when

A Slope of demand curve > Slope of supply curve
B Slope of supply curve > Slope of demand curve
C Slope of supply curve = Slope of demand curve
D More elastic supply curve than demand curve
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)