In this video price rigidity one of the important feature of oligopoly market has been explained with the help of example & through kinked demand curve model of Paul Sweezy.Also its been discussed why MR curve is discontinuous & how MR & AR curve is determined.
Oligopoly feature-price rigidity by kinked demand curve model of Paul sweezy,determine AR&MR curve.
In this video price rigidity one of the important feature of oligopoly market has been explained with the help of example & through kinked demand curve model of Paul Sweezy.Also its been discussed why MR curve is discontinuous & how MR & AR curve is determined.
0 Comments