Kinked demand curve and discontinuity in MR curve

Pooja Rakhecha
0
53022

This lecture explains the kinked demand curve model of oligopoly industry. This is used to explain the price rigidity in an oligopoly market. It also covers the reason behind the discontinuity in MR curve and how output is determined.

Published by: Pooja Rakhecha Published at: 5 years ago Category: آموزشی
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