Demand and Supply MCQs

The Kinky demand curve hypothesis is designed to explain in the context of oligopoly

September 27, 2022

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The Kinky demand curve hypothesis is designed to explain in the context of oligopoly

Q. The Kinky demand curve hypothesis is designed to explain in the context of oligopoly:

A. Price and output determination

B. Price rigidity

C. Price leadership

D. Collusion among rivals

Answer: Price rigidity

The Kinky demand curve hypothesis is designed to explain in the context of oligopoly

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