Question

    In case of Cob web Model, Damped 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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