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Author Question: The existence of a kinked demand curve in an oligopoly will make market prices unstable. (Read 249 times)

Coya19@aol.com

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on: May 25, 2020

Question 1

A colluding oligopoly will face inelastic market demand and produce up to the point at which marginal revenue equals marginal cost and will set price equal to marginal cost.
◦ true
◦ false

Question 2

The existence of a kinked demand curve in an oligopoly will make market prices unstable.
◦ true
◦ false
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by Coya19@aol.com on May 25, 2020

mcarey591

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Coya19@aol.com

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

T4T

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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