Nonlinear kinked demand curve

Within this "kinked-demand curve" model, that firm views the demand curve this faces as the: (w) linear "kinked" demand curve aD₂ for all prices. (x) linear "kinked" demand curve D₁D₁ for all prices. (y) nonlinear "kinked" demand curve D₁cD₂. (z) nonlinear "kinked" demand curve acD₁.

1930_Kinked Demand Curve.png

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