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    Principles of Economics Study Set 1
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    Exam 6: Perfectly Competitive Supply
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    A Price-Taker Faces a Demand Curve That Is
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A Price-Taker Faces a Demand Curve That Is

Question 18

Question 18

Multiple Choice

A price-taker faces a demand curve that is:


A) vertical at the market price.
B) upward sloping.
C) downward sloping.
D) horizontal at the market price.

Correct Answer:

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