What are the assumptions behind the existence of kinked demand curve? How does it reflect behaviour of

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What are the assumptions behind the existence of kinked demand curve?

How does it reflect behaviour of the oligopoly firms? Why do rival firms react to a price cut but not to price rise in oligopoly markets?

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Managerial Economics

ISBN: 9789325986688

8th Edition

Authors: D N DWIVEDI

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Question Posted: Oct 07, 2024 04:02 AM

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What are the assumptions behind the existence of kinked demand curve? How does it reflect behaviour of

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Managerial Economics

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