The Kinky demand curve hypothesis is designed to explain in the context of oligopoly

The Kinky demand curve hypothesis is designed to explain in the context of oligopoly

Q.        The Kinky demand curve hypothesis is designed to explain in the context of oligopoly:

A.           Price and output determination     

B.            Price rigidity

C.            Price leadership         

D.           Collusion among rivals

Answer: Price rigidity

Demand and Supply MCQs
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