Why does an oligopolist face a kinked demand curve?

1. A Option A: The oligopolist believes that competitors will match price cuts but not price rises
2. B Option B: The oligopolist believes that competitors will match output increase but not output reduction
3. C Option C: The oligopolist believes that competitors will match price increase but not output increase
4. D Option D: The oligopolist believes that competitors will match price increase but not output reduction

Answer checked 11 October 2026 · How we write and check questions