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Essentials of Economics 2nd Edition by Campbell McConnell, Randy Grant, Stanley Brue
Edition 2ISBN: 978-0073511313Essentials of Economics 2nd Edition by Campbell McConnell, Randy Grant, Stanley Brue
Edition 2ISBN: 978-0073511313 Exercise 7
What assumptions about a rival's response to price changes underlie the kinked-demand curve for oligopolists Why is there a gap in the oligopolist's marginal-revenue curve How does the kinked-demand curve explain price rigidity in oligopoly
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The assumption about a rival's response ...
Essentials of Economics 2nd Edition by Campbell McConnell, Randy Grant, Stanley Brue
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