question archive The kinked demand curve is based upon the assumption that an oligopolist's rival will: a
Subject:MarketingPrice:2.88 Bought3
The kinked demand curve is based upon the assumption that an oligopolist's rival will:
a. Ignore a price cut, but follow a price increase.
b. Follow both a price cut and a price increase.
c. Ignore both a price cut and a price increase.
d. Follow a price cut, but ignore a price increase.
e. None of the above.
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