In the kinked demand curve model, why do fi rms match only price decreases and not price

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In the kinked demand curve model, why do fi rms match only price decreases and not price increases?

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Managerial Economics

ISBN: 9788131775622

1st Edition

Authors: Vanita Agarwal

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Question Posted: Nov 07, 2024 04:00 AM

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In the kinked demand curve model, why do fi rms match only price decreases and not price increases?
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In the kinked demand curve model, why do fi rms match only price decreases and not price

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Managerial Economics

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