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MrMuchimi
3 years ago
9

What is Demand curve in perfect competition​

Social Studies
1 answer:
Temka [501]3 years ago
8 0

Answer:

A perfectly competitive firm's demand curve is a horizontal line at the market price. ... The marginal revenue received by the firm is the change in total revenue from selling one more unit, which is the constant market price. So a perfectly competitive firm's demand curve is the same as its marginal revenue curve.

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