graph shown. If a firm operating as if it were faced with a kinked demand curve believes that if it raises price from P2 to P1, its rival will not go along, then: A line graph plots price versus quantity.The graph shows the relationship between price, quantity, and demand. The lines D1 and D2 plot negative slopes intersecting at P2. At P4, the quantity demanded is Q5, then at P2, the quantity demanded is Q3, and then for P1, the quantity demanded is Q2 and Q1. Multiple Choice the demand curve used by the firm for decision making is highly inelastic. it probably won't raise price, since doing so would cause sales to drop from Q3 to Q1. it probably will raise price, since lower output means lower costs and greater profit. D2 is the relevant demand curve