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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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