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Tidy Tidy
wrote...
Posts: 4852
9 years ago
The demand curve of a monopolistically competitive firm
A) is horizontal because the firm must cut its price to sell more.
B) is perfectly elastic.
C) is downward-sloping because it sells an identical product.
D) is downward-sloping because it must cut its price to sell more.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 228 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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Posts: 1913
9 years ago
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