Business
Business, 10.06.2021 20:50, spenceraniyah1

In an oligopoly model with a kinked demand curve, a decrease in a firm's marginal cost general leads to . a. None of the options are correct.
b. reduced output and a higher price
c. increased output and a lower price
d. higher output and a higher price

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Answers: 3

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In an oligopoly model with a kinked demand curve, a decrease in a firm's marginal cost general leads...

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