According to the kinked demand curve model,if an oligopolistic firm lowers its price,it should expect to see its total revenue:

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According to the kinked demand curve model, if an oligopolistic firm lowers its price, it should expect to see its rival firms matching its price cut, leading to a small increase in its quantity demanded but a significant decrease in its price elasticity of demand. As a result, the firm's total revenue falls due to the percentage decrease in quantity demanded being greater than the percentage increase in the price. Therefore, the best choice is C) decrease.

According to the Kinked Demand Curve Model,if an Oligopolistic Firm