Question: chieve Homework 7 : Chapte week 1 0 map - Google Docs ( 4 4 ) Second Date Update m / courses / 8 c
chieve Homework : Chapte
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A firm that can affect the price of its product:
faces a downwardsloping demand curve.
has no demand curve ie the relationship between the price and the quantity demanded breaks down
has a perfectly elastic demand curve.
can sell whatever quantity it produces without changing its price.
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