sokehs9
sokehs9
10.01.2020 • 
Business

If an oligopolist is faced with a marginal revenue curve that has a gap in it, we may assume that:

a. it is colluding with its rivals to maximize joint profits.

b.its demand curve is kinked.

c. it is selling a standardized product.

d. it is selling a differentiated product.

Solved
Show answers

Ask an AI advisor a question