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Costco, Walmart, and Target probably control over 70 percent of the market share in the large superstore discount retailing industry. The 'kinked' demand curve is

Costco, Walmart, and Target probably control over 70 percent of the market share in the large superstore discount retailing industry. The 'kinked' demand curve is used to explain this industry and the kinked demand curve is part of the Monopolistic Competition market structure

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