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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 8: A--Perfect Competition
  5. Question
    The Demand Curve Facing a Perfectly Competitive Firm Is
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The Demand Curve Facing a Perfectly Competitive Firm Is

Question 185

Question 185

Multiple Choice

The demand curve facing a perfectly competitive firm is


A) perfectly elastic
B) perfectly inelastic
C) unit elastic
D) downward-sloping
E) identical to the industry demand curve

Correct Answer:

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