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Which of the following is true about the demand curve facing the dominant firm?

Satsume

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Which of the following is true about the demand curve facing the dominant firm?

Which of the following is true about the demand curve facing the dominant firm?
A) It equals market demand minus fringe firms' supply curve.
B) It is identical to market demand.
C) It equals market demand minus demand facing the fringe firms.
D) It is horizontal.

Textbook

Microeconomics

Microeconomics

Edition: 8^th

Author: Pindyck

Read 42 times

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