Business, 07.01.2020 04:31 xaxtusgod

According to the kinked demand curve model, if an oligopolistic firm lowers its price, it should expect to see its total revenue:

a. cannot be determined without more information
b. stay the same
c. decrease
d. increase

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According to the kinked demand curve model, if an oligopolistic firm lowers its price, it should exp...

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