This topic contains a solution. Click here to go to the answer

Author Question: How does the demand for any one seller's product in perfect competition compare to the market demand ... (Read 35 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
How does the demand for any one seller's product in perfect competition compare to the market demand for that product?
◦ They are identical.
◦ The demand for any one seller is proportionally smaller but otherwise identical to the market demand.
◦ The demand for any one seller's product is perfectly elastic while the market demand curve is downward sloping.
◦ There is no demand for any one seller's competitively sold product.
◦ The demand for any one seller's product is not perfectly elastic while the market demand is perfectly elastic.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fagboi on May 24, 2019

234sdffa

  • Sr. Member
  • ****
  • Posts: 341
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly




fagboi

  • Member
  • Posts: 535
Reply 2 on: May 24, 2019
Excellent


momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

For a complete list of videos, visit our video library