Question

    Price rigidity or interdependence of firms is a

    phenomenon witnessed in which market structure?
    A Monopoly Correct Answer Incorrect Answer
    B Kinked Demand Correct Answer Incorrect Answer
    C Perfect Competition Correct Answer Incorrect Answer
    D Cartel Correct Answer Incorrect Answer

    Solution

    Price rigidity or interdependence of firms is a phenomenon witnessed in Kinked Demand market structure

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