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Oligopoly - Kinked Demand Curve

Level:
A-Level
Board:
AQA, Edexcel, IB, OCR

Last updated 2 Jul 2018

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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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