单选题 Assume that a firm in an oligopoly market believes the demand curve for its product is more elastic above a specific price than below this price. This belief is most closely associated with which of the following models?

A、

A. Dominant firm model.
B、

B. Kinked demand model.
C、

C. Variable elasticity model.

【正确答案】 B

【答案解析】The kinked demand model assumes that each firm in a market believes that at some price, demand is more elastic in respect to price increases than it is to price decreases.