Question: O 1250 QUESTION 19 10 points Save Answer Under a perfect competition market, a single firm is always unable to change the market price. O

O 1250 QUESTION 19 10 points Save Answer Under a

O 1250 QUESTION 19 10 points Save Answer Under a perfect competition market, a single firm is always unable to change the market price. O True O False QUESTION 20 10 points Save Answer Fill in the blank to make the statement correct. The basic law of demand says that all other things being the same, O The lower the price of a product, the more of it, consumers will purchase. The lower the price of a product, the less of it consumers will purchase. O The higher the price of a product, the more of it consumers will purchase. O The greater the number of units of a product sold in the past, the more of it consumers will purchase that product in the future. Click Save and Submit to save and submit. Click Save All Answers to save all answers

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