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    Managerial Economics Study Set 4
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    Exam 9: Pricing and Output Decisions: Monopolistic Competition and Oligopoly
  5. Question
    The Existence of a Kinked Demand Curve Under Oligopoly Conditions
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The Existence of a Kinked Demand Curve Under Oligopoly Conditions

Question 9

Question 9

Multiple Choice

The existence of a kinked demand curve under oligopoly conditions may result in


A) price flexibility.
B) price rigidity.
C) competitive pricing.
D) None of the above

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