68. given the market model with demand and supply functions as under d= ap,+b a <0 sapt-1+b a>0 the condition for stable equilibrium here will b (2) laa (4) a (

Option (3) is correct. Equilibrium in the market is said to be stable when - 1. D is downward sloping and S is upward sloping, or 2. Both D and S are downward sloping, but supply ...