Conclusion arrived at from kinked demand oligopoly model


The conclusion arrived at from a kinked demand oligopoly model is that:

A)oligopoly firms cannot maximize their profits

B)oligopoly firms should keep prices at their current level

C)all oligipoly firms should raise prices

D) all oilgipoly firms should lower prices

E) oiligopoly market structure will lead to lower prices than more competitive idustries

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Microeconomics: Conclusion arrived at from kinked demand oligopoly model
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