An oligopolist operating with a kinked demand curve would expect rivals to match both its price increases and price decreases.

Name: An oligopolist operating with a kinked demand curve would expect rivals to match both its price increases and price decreases.
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An oligopolist with a kinked demand curve expects rivals to match price decreases but not price increases, leading to a kink in the demand curve at the current price level.

An Oligopolist Operating with a Kinked Demand Curve Would Expect