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Other Fields Homework Help Economics Topic started by: tuggy on May 23, 2017



Title: Which of the following statements is true?
Post by: tuggy on May 23, 2017
Which of the following statements is true?
A) A monopoly is a price taker because it faces a downward sloping demand curve.
B) A monopoly is a price maker because it faces a downward sloping demand curve.
C) A perfectly competitive firm is a price taker because it faces a downward sloping demand curve.
D) A perfectly competitive firm is a price maker because it faces a downward sloping demand curve.


Title: Re: Which of the following statements is true?
Post by: Simpleman on May 23, 2017
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Title: Re: Which of the following statements is true?
Post by: tuggy on Jul 7, 2017
Beautiful :D :D