International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Oscillation in Price – Adjustment Models
Vincent Šoltés, B. Baculíková, J. Džurina

The aim of this paper is to offer the supply and demand model describing how price vary as a result of a balance between supply and demand. We present two models in which price tends to equilibrium point not only monotonically but can also oscillates around the equilibrium point.

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