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12 Jul 2018
In a kinked demand market, whenever one firm decides to lower its price,
other firms will automatically follow.
none of the other firms will follow.
one-half of the firms follow and one-half of the firms don't follow the price cut.
other firms all decide to exit the industry
all of the other firms raise their prices.
In a kinked demand market, whenever one firm decides to lower its price,
other firms will automatically follow.
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none of the other firms will follow.
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||
one-half of the firms follow and one-half of the firms don't follow the price cut.
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other firms all decide to exit the industry
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all of the other firms raise their prices.
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akunuru639Lv10
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