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精编密训教材，分阶快递。The non-collusive interdependence may actually lead to lower price but no increases in prices.
Rivals will only price decreases but not follow price increases.
The kinked demand curve takes on the following assumptions:
1. No collusive activities among the rival oligopolists.
2. No price leader.
3. Relatively equal market share.
The price will remain at the kink.
The left part is the demand curve of not following the price change and the right is the following the price change.
●Other Oligopoly Models
1. Price leadership: there is a price leader dominating the market share so that other firms will follow the price change.
2. Cooperative non-collusive activities: based on interdependence of tacit understandings.
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