CA Foundation doubt
What is a kinked curve in oligopoly?pls answer in simple words..I'll be grateful if you do answer😇
Asked by Pallavi14 Jun 2024242 views
3 answers
Pallavi · 14 Jun 2024
Thankyou😇
Goongoon · 14 Jun 2024
Elastic from above and inelastic at down
Goongoon · 14 Jun 2024
Kinked means having sharp bend. Oligopoly curve is elastic and inelastic both. That's y it is called kinked
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