Question: In the above figure, the left hand side graph represents a perfectly competitive industry and the right hand side graph represents a perfectly competitive firm.

In the above figure, the left hand side graph represents a perfectly competitive industry and the right hand side graph represents a perfectly competitive firm. As the demand curve decreases from D2 to D1, O the firm's output decreases from 11 to 9. O the firm's output increases from 9 to 11. O the firm's output decreases from 9 to 8. O the firm's output increases from 8 to 9

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