Demand curve kink


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Demand curve kink 1 answer below ยป An oligopolistic firms’s demand curve will be kinked at the current market price if: a. firm acts as a price leader in the industry, b. the firm produces a differentiate product, c. there is free entry and exit in the market, d. the firm expects other firm’s to match all price changes, e. demand is elastic for price increases by the firm. Feb 28 2014 03:48 AM

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