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stars_and_moon stars_and_moon
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7 years ago
In a model of a dominant firm with a competitive fringe, the demand curve for the dominant firm
A) is the same as the demand curve faced by the competitive fringe firms.
B) is the difference between the market quantity demanded and the quantity supplied by the competitive firms.
C) is the market quantity demanded added to the quantity supplied by the competitive firms.
D) is the same as the demand curve for the industry.
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kingbykingby
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#1
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Posts: 3218
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7 years ago
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#2
7 years ago
I figured, great answer
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#3
7 years ago
I instantly knew the answer when I read the question, happy to help
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