11b b. List and explain the conditions under which the Oligopolistic firm achieves profit maximization and...

11b b. List and explain the conditions under which the Oligopolistic firm achieves profit maximization and loss minimization using the MR-MC approach. Be thorough.
i. Using the MR MC approach, discuss how to determine when the oligopolistic firm maximizes profit or minimizes loss in the kinked demand curve model.

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Rahul Sunny answered 1 year ago

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