The firm Superior Trading Co., an oligopoly, produces refrigerators. Superior Trading Co. is lowering their price. Per the kinked demand model: What are other firms in the market likely to do in response? Cother oligopoly firmas lower their price Cother oligopoly firms raise their prices Cother oligopoly firms maintain their price Which of the following characteristics belong to a perfectly competitive market? (Select all correct answers) A. Sellers are price makers B. No control over price C. Large number of sellers and buyers D. Non identical products