How can the demand curve for the market be downward-sloping but the demand curve for a competitive

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How can the demand curve for the market be downward-sloping but the demand curve for a competitive firm be perfectly elastic?

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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Question Posted: Mar 14, 2024 04:01 AM

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How can the demand curve for the market be downward-sloping but the demand curve for a competitive

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The competitive firm is such a small po...View the full answer

Microeconomics

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