Business, 26.11.2019 21:31 GachaSkylarUwU

The kinked-demand curve of an oligopolist is based on the assumption that

there is no product differentiation.

competitors will ignore a price cut but follow a price increase.

competitors will follow a price cut but ignore a price increase.

competitors will match both price cuts and price increases.

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The kinked-demand curve of an oligopolist is based on the assumption that

there is no p...

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