14. Aside from advertising, how can monopolistically competitive firms increase demand for their products? 17. Would you expect the kinked demand curve to be more extreme (like a right angle) or less...

14. Aside from advertising, how can monopolistically
competitive firms increase demand for their products?

17. Would you expect the kinked demand curve to be
more extreme (like a right angle) or less extreme (like a
normal demand curve) if each firm in the cartel produces
a near-identical product like OPEC and petroleum?
What if each firm produces a somewhat different
product? Explain your reasoning.