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Economics A Level (DONEEEEEEE)
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Pregunta:
What does the Kinked Demand Curve assume?
Autor: eric_galvaoRespuesta:
-Price Stability is Visualised by the Kinked Demand Curve -When a Firm raises its Prices, the other Firms will NOT raise their own -When a Firm drops its Prices, the other Firms WILL raise their Prices. (Threat of making a Loss too)
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eric_galvao