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Author Question: The kinked demand curve model helps to explain: a. fluctuations of prices in pure competition b. ... (Read 166 times)

haleyc112

  • Hero Member
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  • Posts: 600
on: Jul 1, 2018
The kinked demand curve model helps to explain:
 a. fluctuations of prices in pure competition
  b. stabilities observed in prices in oligopolistic industries
  c. fluctuations observed in prices in oligopolistic industries
  d. all of the above
  e. none of the above

Question 2

With no price discrimination,
 a. A firm sells every unit at different prices
  b. A firm sells every unit at same prices
  c. Low-value group pay a lower price than the high-value group
  d. Low-value group pay a higher price than the high-value group


trampas

  • Sr. Member
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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


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