--%>

Kinked demand curve of an oligopoly model

The kinked demand curve of an oligopoly model supposes: (w) price increases will be followed. (x) price increases will be matched. (y) price declines will be matched. (z) any price changes will be matched.

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Microeconomics

  • Q : Relatively price elastic demand for

    When demand for a consumer good is relatively price elastic, in that case: (i) total spending will decline when the price rises. (ii) the demand curve is vertical. (iii) the price of the good is determined through supply alone. (iv) the quantity respo

  • Q : Output level at demand in a

    Babble-On maintains world-wide patents for software which translates any of 314 spoken languages within text, with automatic audio and text translations in any of the other three-hundred-thirteen languages. Babble-On will never intentionally produce as well as sell vo

  • Q : Essentially occurrence of profit

    Profit maximization does not essentially occur when a firm: (w) maximizes TR - TC. (x) minimizes total cost. (y) sets MR = MC and P > min.(AVC). (z) maximizes (P x Q) - (Q x ATC). Hey friends please give your op

  • Q : Monopolistic Exploitation-Demand for

    I have a problem in economics on Monopolistic Exploitation-Demand for Labor. Please help me in the following question. The monopolistic exploitation is exercised if the employment equilibrium for a firm involves: (i) MRP > MFC. (ii) Paying the work

  • Q : Law of demand is price in the law of

    is price in the law of demand an absolute or relative price

  • Q : Causes for diminishing returns to factor

    What are the causes for diminishing returns to factor? Answer: 1) Over utilization of

  • Q : Problem on Collective Bargaining Can

    Can someone help me in finding out the right answer from the given options. Among the functions of the collective bargaining between unions and management are: (1) Establishing the rules of the work-place. (2) Selecting the form of compensation. (3) Determining the pr

  • Q : Problem on sellers utility function The

    The economy consists of a single buyer and a single seller. The buyer has the utility function b ln xB1 + xB2 with b ≤ 10. The seller has the

  • Q : Barriers prevent entry in long run

    Within the long run, a monopoly cannot continually produce economic profit unless: (w) economies of scale are important. (x) corporate taxes are lowered. (y) barriers to entry are significant. (z) the monopolist maximizes profit.

  • Q : Unexpected inventory growth of price

    These supply and demand curves within the sugar market specify that: (w) a price floor of P0 for sugar will cause a surplus. (x) a price ceiling of P2 will cause a shortage. (y) the market clears while quantity equals Q0