Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
stars_and_moon stars_and_moon
wrote...
Go to Answer
Posts: 3218
Rep: 11 0
7 years ago
If the model of kinked demand is used to explain the behavior of oligopolies, then the demand curve for a firm will
A) be more elastic above the current price than below the current price.
B) be unit elastic.
C) be less elastic above the current price than below the current price.
D) have the same elasticity above the current price than below the current price.
Read 91 times
3 Replies
Replies
Answer verified by a subject expert
kingbykingby
wrote...
#1
Top Poster
Posts: 3218
Rep: 26 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

wrote...
#2
7 years ago
I compared your answer with a buddy, and it matches

Thanks
wrote...
#3
7 years ago
Great! Now we can move on to the next one
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1282 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 728
  
 213
  
 638
Your Opinion
What's your favorite funny biology word?
Votes: 328
Previous poll results: Does a gender wage gap exist in America?