The kinked demand curve explains
A. | Price rigidity |
B. | Price flexibility |
C. | Demand rigidity |
D. | Demand flexibility |
Answer : A Explanation : jagannath said: (11:46am on Monday 21st August 2017)
Because in oligopoly if a firm decrease price ,competitor also decrease price.ànd if he price increase competitor dosen,t.so affect revenue of firm
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |