In the kinked-demand model,there will be a vertical break in the firm's:
A) demand curve.
B) marginal cost curve.
C) marginal revenue curve.
D) average total cost curve.

Name: In the kinked-demand model,there will be a vertical break in the firm's: A) demand curve. B) marginal cost curve. C) marginal revenue curve. D) average total cost curve.
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Question

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In the kinked-demand model, the marginal revenue curve has a vertical break due to the different elasticities of the demand curve above and below the kink.

In the Kinked-Demand Model,there Will Be a Vertical Break in the Firm's