Study Notes
Oligopoly - Kinked Demand Curve
- Level:
- A-Level
- Board:
- AQA, Edexcel, OCR, IB
Last updated 2 Jul 2018
What is the kinked demand curve model of oligopoly?
The kinked demand curve model assumes that a business might face a dual demand curve for its product based on the likely reactions of other firms to a change in its price or another variable
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7
Revision Flashcards for A-Level Economics Students
Resource Collection
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4
Synoptic Revision Mats
Resource Collection
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