Use the Following Scenario to Answer the Following Questions

Multiple Choice

Use the following scenario to answer the following questions:
Kit-N-Sit and Kittysitters are two cat-sitting services in Kent,Ohio.There are no other cat-sitting services,so the market is considered to be a duopoly.
-According to the kinked demand curve theory,the behavior of firms in an oligopoly creates a demand curve that is ________ at prices above the cartel price and ________ at prices below the cartel price.

A) downward-sloping; upward-sloping
B) more inelastic; upward-sloping
C) perfectly inelastic; downward-sloping
D) more inelastic; more elastic
E) more elastic; more inelastic