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Faceblock, gargle , and snaphat are rival firms in an oligopoly industry. if kinked-demand theory applies to these three firms, faceblock's demand curve will be:
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Faceblock, gargle , and snaphat are rival firms in an oligopoly industry. if kinked-demand theory applies to these three firms, faceblock's demand curve will be:

User Dave Greilach
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Answer: Faceblock's demand curve will be more elastic above the current price than below it.
User Amir Keibi
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