Question: 1 When does a kinked demand curve occur? A Q When one rm in a duopoly cuts prices and forces the exit of the other

1 When does a kinked demand curve occur? A Q When

1 When does a kinked demand curve occur? A Q When one rm in a duopoly cuts prices and forces the exit of the other rm B Q When a natural monopoly raises its prices and provides an opportunity for market entry When competing oLigopoly rms commit to match price cuts but not price increases When competing oLigopoly rms agree to increase prices at the same time and rate

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