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      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

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