The kinked demand curve

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[@shaklainmohammedsifath8836]

Happy to see you continue making videos! Your videos and that Annotated Essay Pack helped a lot in my AS exam that I had yesterday. Thank you so much! Pray that I get that A.

[@EnhanceTuition]

Thanks hope to help you through A2 as well. Make sure you update us on results day!

[@shaklainmohammedsifath8836]

Sure thing! Around what time do you plan on finishing the A2 syllabus, though?

[@EnhanceTuition]

That’s a tough one. I wanted to get it done in a year but it’s so much information that it may take two. Have you started A2?

[@shaklainmohammedsifath8836]

I haven't yet. Maybe from December, I will. Still not sure whether to self study or go to a teacher. My city has only around 2 or 3 teacher for Economics and 2 of them are pretty slow so idk what to do really. Like, for AS economics, I studied for 3 months and he could only finish 2 chapters, so I left it. My batchmates from there took up 1 and a half year to finish the entire syllabus which is a lot...

[@EnhanceTuition]

I didn’t realize you were self studying. Which city do you study in? If you were to get an individual teacher, what do they charge? I ask because I’m looking at a model where I teach online to groups of students who pay a relatively reduced rate.

[@JamalKhan-lw2nw]

i am kinda confused by the kink. why does the marginal revenue curve cuts at quantity q*

[@TurboTech22]

These videos are super helpful thank you

[@AnoushaSpeaks]

What exactly causes the kink in the demand curve?

[@jabipunk21]

So this only applies in a oligopoly market?

[@EnhanceTuition]

Yes. The kinked demand curve theory itself is debated but for the sake of CIE, you should know how it applies in an oligopolistic market.

[@Vruzhabh]

🙏

[@nadianazeer2024]

you dont have game theory in the playlist

[@EnhanceTuition]

Keep watching. Game theory is covered with the prisoners dilemma.

[@涵紫-w4u]

ok