What Is Meant by the Kinked Oligopoly Demand Curve?

Answer

The kinked oligopoly demand curve has to due with pricing and competitors. A kinked demand curve means that there is a discontinuity in the firm's marginal revenue curve. For more info visit .
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A kinked demand curve refers to a curve which has two distinct segments that have different elasticities joining, so as to form a corner or kink. The curve is ...
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