In the kinked demand model of noncollusive oligopoly, each firm thinks that the

J

Jimbo Slice

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demand curve below the (more )? going price is:
A. more elastic than the demand curve above the going price
B. Less elastic than the demand curve abouve the going price
C. more elastic than the marginal revenue curve above the going price
D. Less elastic than the marginal revenue curve about the going price
 
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