The kinked demand curve in an oligoolistic market is
The Kinked demand curve in an oligoolistic market is represented by the following:P = 100- Q and P = 120-2*QThe oligopoly firms have constant marginal costs at MC = 40
What is the profit maximizing price and level of output?
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The Kinked demand curve in an oligoolistic market is represented by the following: P = 100- Q and P = 120-2*Q The oligopoly firms have constant marginal costs at MC = 40 What is the profit maximizing price and level of output
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