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Other Fields Homework Help Economics Topic started by: Tidy on Jun 21, 2015



Title: If a firm faces a downward-sloping demand curve,
Post by: Tidy on Jun 21, 2015
If a firm faces a downward-sloping demand curve,
A) the demand for its product must be inelastic.
B) it can control both price and quantity sold.
C) it must reduce its price to sell more units.
D) it will always make a profit.


Title: Re: If a firm faces a downward-sloping demand curve,
Post by: VincenzoD on Jul 23, 2015
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