Multiple Choice
Use the following to answer question:
Figure 8.4
-(Figure 8.4) In a perfectly competitive market with 5,000 firms, the equilibrium price and quantity are $0.70 and 3.0 million units. The demand curve facing a firm in this market is represented by:
A) panel a.
B) panel b.
C) panel c.
D) panel d.
Correct Answer:

Verified
Correct Answer:
Verified
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