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Kinked Demand Oligopolist Assignment | Homework For You

An increase in marginal cost that remains within the gap of the marginal revenue curve of a kinked demand oligopolist will:

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Homework For You

A. lower price and lower output

B. raise price and decrease output

C. lower price and increase output

D. raise price and raise ouput.

E. keep price and output the same. Get Economics homework help today

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