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3:35 M I y 0 '0 'i 3} ..II 27%- X 5 Chapter 12 Assessments - 3:35 X Chapter 12 Assessments - piercecollege.khpcontent.com et .11/

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3:35 M I y 0 '0 \\'i \"3\"} ..II 27%- X 5 Chapter 12 Assessments -

3:35 X Chapter 12 Assessments - piercecollege.khpcontent.com et .11/ 270/0 Figure 12.2 represents the market for readers (iPad, Kindle, Sony Reader, Nook). If producers of readers are unable to collude, then according to the kinked demand curve model: O if Apple raises the price of iPad, none of the other reader producers will raise the price. O if Apple raises the price of iPad, all the other reader producers will raise the price. O if Amazon lowers the price of Kindle, Apple and other reader producers will not lower the price of their readers. O if Amazon lowers the price of Kindle, Apple and other reader producers will raise the price of their readers. Note: Clicking any button other than the Save Answer button will NOT save any changes to your answers! o

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