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The upper portion of the kinked demand curve is relatively

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Economics
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The upper portion of the kinked demand curve is relatively

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Correct Answer: Option B
The upper portion of the kinked demand curve is relatively more elastic. The kinked-demand curve is a demand curve comprised of two segments, one that is relatively more elastic, which results if a firm increases its price, and the other that is relatively less elastic, which results if a firm decreases its price. These two segments are joined at a corner or "kink."
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