In a market with perfectly competitive firms, the market demand curve is ___ and the demand curve

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In a market with perfectly competitive firms, the market demand curve is ___ and the demand curve facing each firm is ___.

a. upward sloping; horizontal

b. downward sloping; horizontal

c. horizontal; downward sloping

d. horizontal; upward sloping

e. horizontal; horizontal

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Exploring Microeconomics

ISBN: 9781544339443

8th Edition

Authors: Robert L. Sexton

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Question Posted: May 19, 2024 03:03 AM

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In a market with perfectly competitive firms, the market demand curve is ___ and the demand curve

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Exploring Microeconomics

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