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    For a Perfectly Competitive Firm, a Decrease in the Price
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For a Perfectly Competitive Firm, a Decrease in the Price

Question 177

Question 177

Multiple Choice

For a perfectly competitive firm, a decrease in the price of the product it sells will shift


A) the demand curve of its product to the left.
B) the demand curve of its product to the right.
C) its MRP curve to the left.
D) its MRP curve to the right.

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