The cobweb model will divergent when the slope of:

A. Demand curve is more than supply curve

B. Supply curve is more than demand curve

C. Supply curve is equal to demand curve

D. None of the above

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  5. The budget-line is also known as the:
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  11. The ordinal approach was presented by:
  12. Least cost combination of two factor inputs is achieved at a point where:
  13. Ordinal approach includes arranging:
  14. The total utility (TU) curve is:
  15. If the price of product A decreases and in the result the demand for product B increases then we can…
  16. Each short run average cost curve:
  17. With the expansion of output, the short run average cost curve, beyond a point, starts rising because:
  18. A straight line, downward-sloping demand curve implies that, as price falls, the elasticity of demand:
  19. Which of the following theories of trade cycle was presented by William Jevons?
  20. Necessary condition for consumer equilibrium is:
  21. If Marginal Utility (MU) is zero, then total utility is:
  22. We can obtain consumers demand curve from:
  23. In the long-run competitive equilibrium:
  24. The difference between average total cost and average fixed cost shows:
  25. In case of monopoly, the price charged against the additional unit is:
  26. MC curve is:
  27. Under competitive conditions, the industry will be in equilibrium:
  28. Monopoly means:
  29. A market demand curve presumes that:
  30. The cost of one thing in terms of the alternative given up is known as: