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ujesssss ujesssss
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5 years 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.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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jackjohnson74jackjohnson74
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5 years ago
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ujesssss Author
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5 years ago
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Good timing, thanks!
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