Question: Of the statements below, which one is false? ( only one answer is possible ) A perfectly competitive firm is a price - taking firm

Of the statements below, which one is false? (only one answer is possible)
A perfectly competitive firm is a price-taking firm
A perfectly competitive firm faces a horizontal demand curve
A perfectly competitive firm faces a perfectly inelastic demand curve
A perfectly competitive firm faces a perfectly elastic demand curve
Of the statements below, which one is false? (

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