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anthonydel117 anthonydel117
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5 years ago
The demand curve for the product of a perfectly competitive firm's demand curve indicates that if the firm

• changes its price, the quantity demanded will change in the opposite direction.

• lowers its price, it can sell more.

• accepts the market-set price, the number of units the firm can sell is limited.

• raises its price, sales will fall to zero.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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kirakira15kirakira15
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anthonydel117 Author
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5 years ago
This helped my grade so much
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#3
5 years ago
Perfect
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