The reason for the kinked demand curve is that ?

Question

Xaibi Aslam · Accepted Answer

The oligopolist believers that competitors will match price cuts but not price rises

Xaibi Aslam · Answer

The oligopolist believes that competitors will match output increase but not output reduction

Xaibi Aslam · Answer

The oligopolist believes that competitors will match price increase but not output reduction

Xaibi Aslam · Answer

The oligopolist believes that competitors will match price increase but not output increase

Question #48200