Duopoly models basically present the limiting case of Oligopoly thus providing the basic insight about the competitive conditions and how the firms react to rivals move.
Kinked demand curve points to the fact that there is price about which there is informal understanding amongst the oligopoly firms that any cut in the price will be matched by others as it will take away other firms’ demand. While an increase in price by one firm may not result in matching response by other firms. That price level is represented by the point demand curve (AR curve) is kinked.
Ok , basically it means that Kinked dd function actually nt provide any theory of price determination under oligopoly , buy it only explain the why price is rigid under oligopoly i.e at the prevailing price level . M I right?
sr u explain each n every topic suprb bt sr u not making al d topic of eco lik quantity demnd 4 mony bomin lendhl model friedman etc sr plz make vedio 2 all topic plz sr its abt our futur
I'm pretty sure your English is not weak, you deliberately use shorts forms and slangs to look more Gen-X. I think you should use proper spellings so as to let others read just fine because it's about your future. no offense though.
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Thank you sir...........to make me understand how the kinked demand curve work
You are always welcome
Thanks alot sir, Your videos has helped me in varied ways.
Glad to hear that
please share videos related to different models of oligopoly.
This video was awesome ! Thanks
Okay sure
Sir ur class is just awesome.. it is very very easy to understand the topics❤️
Glad to hear that
Sir I just wanna know whether free trade zone and special economic zone the same or different..
Sir at the kinked point there has price rigidity but I want to know can that point also called quantity rigidity ❔
The kinked point represents both quantity as well as price rigidity.
Excellent explanation sir but why the take gap mr curve that’s not understand sir
Sir please make a lecture on cournot . Stackelberg and Bertrand duopoly as well ....
Noted
thank u sir..u made this topic easy for me
Keep watching
Nicely described
Glad you liked it
sir uppsc main yeh kafi hai kya ki aur kuch bhi padhna padega oligopoly price determination main
More videos i am uploading in coming future related to oligopoly
@@EZClassesfaghsa sir par jo price determination wli topic h uppsc main vo cover hoga usmain?
Thank you sir very much
Welcome
Sir market demand curve continuous hona kya hota h
Kyu continuous maan li jati h or kya reson hai
Thank you sir...I have a question...y is MR discontinues??what does it indicates?? what is/are its reasons??
I think..Discontinuity in MR curve arises due to the relative elasticities of 2 segments of kink demand curve.
Feel free to correct me if I'm wrong.
You made it so simple. Thank you sir.
You are most welcome
Not able to understand
How can I help you..
Yes very disturbing lecture
I still don't understand. How he drew MR and MC is not clear
@@kayodeolakunleoluwaseyi4273 ya, not being fluent is an obstacle in understanding the lecture.
Sir, Is there any difference between Cournot's Model of oligopoly and Cournot's Duopoly Model?
Duopoly models basically present the limiting case of Oligopoly thus providing the basic insight about the competitive conditions and how the firms react to rivals move.
Amazing video, thanks sir
Thank you sir.
Sir , I have an doubt , does Kinked demand function provide a theory of price determination under oligopoly?
Kinked demand curve points to the fact that there is price about which there is informal understanding amongst the oligopoly firms that any cut in the price will be matched by others as it will take away other firms’ demand. While an increase in price by one firm may not result in matching response by other firms. That price level is represented by the point demand curve (AR curve) is kinked.
Ok , basically it means that Kinked dd function actually nt provide any theory of price determination under oligopoly , buy it only explain the why price is rigid under oligopoly i.e at the prevailing price level .
M I right?
But it*
@@aspirant4567 He just said the same in the video! Rewind xD
Good work
Thanks
Sir,Could you elaborate on the phenomenon that has prompted OPEC (an oligopoly cartel) to reduce the price of oil
i will
Sir it's is very helpful and easy
Thanks, Shiv
Sir oligopoly p aur bhi video banade
sr u explain each n every topic suprb bt sr u not making al d topic of eco lik quantity demnd 4 mony bomin lendhl model friedman etc sr plz make vedio 2 all topic plz sr its abt our futur
We will cover them soon
I'm pretty sure your English is not weak, you deliberately use shorts forms and slangs to look more Gen-X.
I think you should use proper spellings so as to let others read just fine because it's about your future.
no offense though.
You not properly explain that how MR Curve remain vertical then downward slope and why Mc passes through from that particular point
sir please more on other topic with detail explanation
ok i will try
Very helpful , thank you so much
You are always welcome
Thank you so much
You are welcome
Sir can u explain the assumptions of this &evolution also
sir please explain curnot model
Awesome sir❤
Thanks sir ji
Sir aap bhut acha kr wate ho per please lecture hindi me bnaye taki hindi medium ke students bhi kr paye
Now i am doing in hindi also
Hoping to see the cournot duopoly model from you sir
Nikesh Kathayat, probably within this week.
Sir please difference between perfect competition and monopolistic competition par bato
Thanks sir
Welcome Kranthi
Please make a video on offer curve in mix language hindi English
I will try
Thank you sir
You are welcome
perfect
Sir please hindi me lectures dijiye
I am now doing in mix language these are my earlier lectures
Sir plzz do stackelberg model
App sir hindi ka prayog karen .
o chacha urdu bol le yar. English boli ni ja rhi adhi video ban jani thi agr urdu bol leta to. syapa dal dia hy apne apko bi or hamien bi
th-cam.com/users/STUDYUPDESH