Study Notes

Oligopoly - Kinked Demand Curve

A Level
AQA, Edexcel, OCR, IB

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

Boston House,
214 High Street,
Boston Spa,
West Yorkshire,
LS23 6AD

Tel: +44 0844 800 0085

© 2021 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.