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Which of the following illustrates the demand curve facing an oligopolist when rival firms follow a price decrease but not a price increase? A

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Which of the following illustrates the demand curve facing an oligopolist when rival firms follow a price decrease but not a price increase?

A. Perfectly horizontal demand curve

B. Highly elastic demand curve

C. Highly inelastic demand curve

D. A demand curve that is tangent to the average total cost curve

E. A demand curve consisting of two discontinuous segments