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wrote...
Posts: 75
2 weeks ago
Which of the following statements is NOT true for a perfectly competitive firm?

• The firm can influence its demand curve by advertising its product.

• The market demand and supply curves determine the market price.

• The firm's demand curve is perfectly elastic.

• A firm's demand curve is horizontal.
Source  Download
Economics Today: The Micro View
Edition: 19th
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wrote...
Posts: 79
2 weeks ago
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The firm can influence its demand curve by advertising its product.
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