The market demand curve is ____ and the demand curve for a single ...

[yoooooman]

The market demand curve is ____ and the demand curve for a single firm in a competitive market is ____.
 A) horizontal, horizontal
  B) downward sloping, horizontal
  C) downward sloping, downward sloping
  D) horizontal, downward sloping

Question 2

Exit from a market will stop when
 A) accounting losses are zero.
  B) the cost of capital is equal to the risk-free rate of return.
  C) economic losses are zero.
  D) none of these choices.

[nixon_s]

Answer to Question 1

B

Answer to Question 2

C

[yoooooman]

Thanks for the timely response, appreciate it

[xiaomengxian]

Great answer, keep it coming