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    Microeconomics Study Set 8
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    Exam 8: Firms in Perfectly Competitive Markets
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    What Demand Curve Is Faced by a Perfectly Competitive Firm
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What Demand Curve Is Faced by a Perfectly Competitive Firm

Question 133

Question 133

Multiple Choice

What demand curve is faced by a perfectly competitive firm?


A) Horizontal.
B) Vertical.
C) Perpendicular to the quantity axis.
D) Perfectly inelastic.

Correct Answer:

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