musicfrk6384 musicfrk6384
  • 23-11-2017
  • Business
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Faceblock, gargle , and snaphat are rival firms in an oligopoly industry. if kinked-demand theory applies to these three firms, faceblock's demand curve will be:

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W0lf93
W0lf93 W0lf93
  • 02-12-2017
Answer: Faceblock's demand curve will be more elastic above the current price than below it.
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