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    Microeconomics Study Set 45
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    Exam 14: Oligopoly and Strategic Behavior
  5. Question
    The Kinked-Demand Curve Model Shows That Oligopolistic Firms Tend to Change
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The Kinked-Demand Curve Model Shows That Oligopolistic Firms Tend to Change

Question 5

Question 5

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The kinked-demand curve model shows that oligopolistic firms tend to change their prices frequently.

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