Illustrate a kinked demand curve and discuss why the demand curve has

Question

Illustrate a kinked demand curve and discuss why the demand curve has a kink under Oligopoly. Also explain the discontinuity in the shape of the resulting marginal revenue curve. On what does the extent of this discontinuity depends?

21 Jan 2021

Answer :

Word Count : 296

In oligopolistic markets, the kinked demand curve theory is a model used to explain the behavior of firms. The demand curve faced by an oligopoly tends to be kinked due to the reaction of rival firms to price changes. This curve assumes that competitors will match price decreases but not price increases, leading to a more inelastic demand for _________ ________ _____ ________ _______ _________ ____ _______ ____.
____ __________ ___ _______ ________ ______ _______ ______ ________ ______ __________ _____.
_______ _____ ________ _________ _________ ________ ______ ___.
_______ ___ _________ __________ ________ ______ ________ ______ _______ __________ __________ ________.
______ __________ _________ _______ _________ __________ _________ ___.
___ _______ _____ ____ ________ ___.
___ _______ ___ _________ ___.
__________ ___ _____ ______ __________ ___.
____ ___ ______ _______ ______ ____ _______ _____ ________ ___ _________.
_____ _____ _________ ___ _________ ________ _____ ___ _________ ___ _______ _________.
___ ______ ____ ________ __________ ____ ______ ___ _____.
___ ________ ______ __________ _______ _____ __________ _________ _______ _________.
____ ______ ________ _________ ____ _________ _____ ______ __________.
___ ___ _____ ____ ___ ______ _______ ______ _______ ______.
______ _______ _________ _______ _______ ______ __________ ____ ______ ____ ___ __________.
________ ___ ______ __________ ________ ______ _________ ____ _______.
______ _____ ___ ___ __________ ________ _________ ____ _______ ______ _______.
______ ______ ________ ____ _________ ________ _______ ___ ___ ______.
______ ______ __________ _____ ____ ____ _____ ________ _____ _____.
___ _________ __________ _________ _________ _________ ___.
_____ _________ ________ ________ __________ ___ _________.
___ ____ _____ _______ _______ __________ _____ ______ _____.
__________ ___ _______ _____ _______.
____ __________ ________ ___ _______ _________ _____ ____ _____ _________ ___ ______.
___ __________ _______ _______ ___ ______.
_______ _________ ____ ____ ________ ________ ____.
________ _______ ___ _____ _________.
Get Full Answer on WhatsApp

IGNOU Solved Assignments Assignments Ignou Projects Project Previous Year Solved Exam Papers Notes Notes Sample Question Papers Sample Question Papers

IGNOU NEWS

Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★