Business, 10.01.2020 02:31 oprajapati

If an oligopolist is faced with a marginal revenue curve that has a gap in it, we may assume that:

a. it is colluding with its rivals to maximize joint profits.

b. its demand curve is kinked.

c. it is selling a standardized product.

d. it is selling a differentiated product.

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If an oligopolist is faced with a marginal revenue curve that has a gap in it, we may assume that:...

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