Kinked demand curve is a feature of Options: A . &nbspDuopoly B . &nbspMonopoly C . &nbspOligopoly D . &nbspMonopsony

Kinked demand curve is a feature of

Question

Kinked demand curve is a feature of

Options:

A . Duopoly

B . Monopoly

C . Oligopoly

D . Monopsony

Answer: Option C
Answer: (c)The kinked demand curve theory is an economic theory regarding oligopoly and monopolistic competition. Kinked demand was an initial attempt to explain sticky prices.

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