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
Take Mock Tests
| Government Schemes Mock Test | Start Test! |
| Political Science Mock Test – 42 | Start Test |
| History Test – 190 | Start Test |
| Quantitative Aptitude Test | Start Test! | Data Interpretation - Mock Test | Start Test! |
| General Awareness - Mock Test | Start Test! |
| Reasoning Ability - Mock Test | Start Test! |
We will be happy to hear your thoughts