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Raj P Raj

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· 1 Months ago

kindly show the figure (Question: 190349.0 )

kindly show the figure

Question:
Kinked demand curved is a feature of_________.
Options:
A) Monopoly 
B) Oligopoly
C) Monopsony
D) Duopoly
Solution:
Ans: (b) 



The oligopolist faces a kinked demand curve because of competition from other oligopolists in the market.

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