Economy, asked by symphonymeghu, 4 months ago

Q4. Demand curve faced by oligopoly market is __________demand curve

Answers

Answered by Anonymous

Explanation:

A kinked demand curve occurs when the demand curve is not a straight line but has a different elasticity for higher and lower prices. ... This model of oligopoly suggests that prices are rigid and that firms will face different effects for both increasing price or decreasing price.

Answered by Neha30712

Explanation:

above one is correct✔✔✔

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