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Homework answers / question archive / Under the Kinked Demand Curve Model that pertains to oligopolies, how will competing firms react to a 'rogue' firm if it decides to raise the price of its product? Explain why

Under the Kinked Demand Curve Model that pertains to oligopolies, how will competing firms react to a 'rogue' firm if it decides to raise the price of its product? Explain why

Economics

Under the Kinked Demand Curve Model that pertains to oligopolies, how will competing firms react to a 'rogue' firm if it decides to raise the price of its product? Explain why.

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