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Perceived demand curves for competing oligopoly firms will appear kinked due to each firm's commitment to: (a) tacitly collude. (b) match price increases, but not

Perceived demand curves for competing oligopoly firms will appear kinked due to each firm's commitment to:

(a) tacitly collude.

(b) match price increases, but not price cuts.

(c) match price cuts, but not price increases.

(d) pursue a differentiated price setting approach.

(e) out-compete other firms by securing first mover advantages.

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