Question

select all that apply
what are three models used to study pricing and output by oligopolies?
□ kinked - supply curve model
□ kinked - demand curve model
□ cost leadership model
□ collusive pricing model
□ price leadership model

Explanation:

In the study of oligopolies, the kinked - demand curve model explains the stickiness of prices. The collusive pricing model deals with firms in an oligopoly agreeing on prices, and the price - leadership model involves one firm setting the price which others follow. These are relevant for studying pricing and output in oligopolies. The kinked - supply curve model is not a standard model for oligopoly pricing and output, and the cost - leadership model is more about a firm's overall cost strategy in the market rather than specifically oligopoly pricing and output.

Answer:

B. Kinked - demand curve model
D. Collusive pricing model
E. Price leadership model