The kinked demand curve in oligopoly explains:

CA Foundation · Business Economics · MTP · September 2026
The kinked demand curve in oligopoly explains:
(A) A. Price stability
(B) B. Constant MR
(C) C. Homogeneous products
(D) D. Only one seller

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Price stability

Topics: Price Determination in Different Markets

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