Explain what is meant by a kinked demand curve. Why is it kinked?

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Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Question Posted: Apr 21, 2015 09:36 AM

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Explain what is meant by a kinked demand curve. Why is it kinked?

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The kinked demand curve is downward sloping with a pronounce...View the full answer

Principles of Economics

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