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hiusy98 hiusy98
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Posts: 1526
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7 years ago
According to the kinked demand curve model, if an oligopolistic firm lowers its price, it should expect to see its total revenue:
A) increase.
B) stay the same.
C) decrease
D) cannot be determined without more information.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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andyborziandyborzi
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Posts: 449
7 years ago
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hiusy98 Author
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7 years ago
Project is complete now, thank you for your expertise!
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