Grade Booster exam workshops for 2024. Join us in to Birmingham, Bristol, Leeds, London, Manchester and Newcastle Book now

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

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.