Question content area

Part $1$

Why do single firms in perfectly competitive markets face horizontal demand$$ curves?

Part $2$

A$.$

With many firms selling an identical$$ product, single firms have no effect on market price.

B$.$

With many$$ buyers, single firms can sell as much as they want regardless of price.

C$.$

With each firm facing a unique demand for its$$ product, single firms

can sell as much as they want regardless of pricecan$$sell$$as$$much$$as$$they$$want$$regardless$$of$$price$.$

D$.$

With

manymany

firms in the market selling

a differentiateda$$differentiated

$$product$,$ single firms have the ability to charge a constant price.

E$.$

Both a and b$.$