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corie corie
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6 years ago
If any of the assumptions of perfect competition are violated,
A) supply-and-demand analysis cannot be used to study the industry.
B) graphs with flat demand curves cannot be used to study the firm.
C) graphs with downward-sloping demand curves cannot be used to study the firm.
D) there may still be enough competition in the industry to make the model of perfect competition usable.
E) one must use the monopoly model instead.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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boransalboransal
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#1
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6 years ago
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corie Author
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6 years ago
this is exactly what I needed
mkyoungs
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Yesterday
Thank you, thank you, thank you!
cartoon
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2 hours ago
Helped a lot
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