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tuggy tuggy
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6 years ago
Which of the following statements is true?
A) A monopoly is a price taker because it faces a downward sloping demand curve.
B) A monopoly is a price maker because it faces a downward sloping demand curve.
C) A perfectly competitive firm is a price taker because it faces a downward sloping demand curve.
D) A perfectly competitive firm is a price maker because it faces a downward sloping demand curve.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SimplemanSimpleman
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6 years ago
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tuggy Author
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6 years ago
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