According to the Kinked Demand Curve Model, an Oligopolist May

Multiple Choice

According to the kinked demand curve model, an oligopolist may face

A) more elastic demand than a monopolistic competitor.
B) less elastic demand than a monopolistic competitor.
C) more elastic demand if she raises her price than if she lowers her price.
D) less elastic demand if she raises her price than if she lowers her price.