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Tidy Tidy
wrote...
Posts: 4852
8 years ago
In perfect competition
A)  the market demand curve and the individual's demand are identical.
B) the market demand curve is perfectly inelastic while demand for an individual seller's product is perfectly elastic.
C) the market demand curve is perfectly elastic while demand for an individual seller's product is perfectly inelastic.
D) the market demand curve is downward sloping while demand for an individual seller's product is perfectly elastic.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 369 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
No problemo Happy Dummy
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