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corie corie
wrote...
Posts: 767
7 years ago
Under the kinked demand curve model, a small increase in marginal cost will lead to
A) an increase in output level and a decrease in price.
B) a decrease in output level and an increase in price.
C) a decrease in output level and no change in price.
D) neither a change in output level nor a change in price.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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CanihCanih
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Posts: 463
7 years ago
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