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Title: Assume the firms firms operating in an oligopolistic market experience a relatively small change in ... Post by: hiusy98 on Jan 23, 2017 Assume the firms firms operating in an oligopolistic market experience a relatively small change in marginal costs. According to the kinked demand curve model this would:
A) cause a large change in the profit-maximizing level of output. B) leave the equilibrium price unchanged. C) cause the profit-maximizing level of output to change by the same amount and in the same direction. D) cause the profit-maximizing price to change by the same amount but in the opposite direction. Title: Re: Assume the firms firms operating in an oligopolistic market experience a relatively small change ... Post by: andyborzi on Jan 23, 2017 Content hidden
Title: Re: Assume the firms firms operating in an oligopolistic market experience a relatively small change in ... Post by: hiusy98 on Mar 27, 2017 This course was so challenging before I signed up here, thanks
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