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Business, 16.08.2020 01:01 Homepage10

Kit-N-Sit and Kittysitters are two cat-sitting services in Kent, Ohio. There are no other cat-sitting services, so the market is considered to be a duopoly. According to the kinked demand curve theory, if Kit-N-Sit cuts prices, Kittysitters will

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Kit-N-Sit and Kittysitters are two cat-sitting services in Kent, Ohio. There are no other cat-sittin...
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