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Oligopoly firms are claimed to be interdependent in many ways.Based on the kinked demand curve model, if one firm among other oligopoly firms decides to

Oligopoly firms are claimed to be interdependent in many ways.Based on the kinked demand curve model, if one firm among other oligopoly firms decides to lower the price of its product, how will the other firms of the oligopoly likely respond, and why will they do so?

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