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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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