3 years ago

The market demand curve for a firm operating under perfect competition is

2 answers:

8 0

The market demand curve for a firm operating under perfect competition is a horizontal line equal to the equilibrium price of the whole market.

leva [86]3 years ago

6 0

In a perfectly competitive market the market demand curve is a downward sloping line, reflecting the fact that as the price of an ordinary good increases

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