The demand curve for a monopolistically competitive firm is downward sloping because there is a full or advanced degree of the powerfulness in the market.
<h3>What is the shape of demand curve of the monopolistically competitive firm?</h3>
A downward sloping demand curve characterizes a monopolistically competitive corporation because there is a lot of power in the market.
This curve signaled that the business firm has extraordinary market power. As each firm offers a unique product, market dominance is derived from product differentiation.
Therefore, the demand curve of monopolistically competitive market is downward sloping.
To learn more about the demand curve, refer to:
brainly.com/question/13131242
#SPJ4
Answer:
Explanation:
find the attached document below
Answer:
Strict about it's people and not a lot of people own cars. I thinks that's China or that's North Korea. In not sure
Answer:$2:09
Explanation: If you subtract the 2 you will get your answer! :)
(Sorry I just read the question wrong)
Apply for it and be a lucky man to live
