May 26, 2009 · The Demand Curve Will Be Kinked If Rival Oligopolists; How Much Vegetables Per Day; Tea Two; Nike Air Crocs; Judo Ippon; Black Poop; Vegetable And Fruit Supplements; Nike Clogs; Dry Electrode; Apple Plug Charger; Nexenta Systems; Educational Research Jobs; Free School Meals London; Keto Friendly Fruits And Vegetables; Can You Freeze Heavy ... If an oligopolist's several rivals exactly match any price changes it initiates, the demand curve will be less elastic than if its price changes are ignored by its rivals. True False 15. If three or four homogeneous oligopolists collude, the resulting price and production outcomes will be similar to those of pure monopoly.
Get the detailed answer: The kinked-demand curve for oligopolists assumes that rivals will _____ In an oligopolistic market, firms cannot have a fixed demand curve since it keeps changing as competitors change the prices/quantity of output. Since an oligopolist is not aware of the demand curve, economists have designed various price-output models based on the behavior pattern of other firms in the industry.In this article, we will look at the kinked demand curve hypothesis.