If an Oligopolistic Firm Believes That Its Competitors Would Match

Multiple Choice

If an oligopolistic firm believes that its competitors would match a price decrease, but not match a price increase, its demand curve is

A) linear, but more elastic at higher prices.
B) linear, but less elastic at lower prices.
C) kinked, being steeper above the current price.
D) kinked, being steeper below the current price.