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Author Question: How does the firm-specific demand curve in a perfectly competitive market compare to that in a monopoly? (Read 56 times)

NClaborn

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on: Jul 20, 2019
How does the firm-specific demand curve in a perfectly competitive market compare to that in a monopoly?
◦ They are the same.
◦ The firm-specific demand curve in a perfectly competitive market is vertical. The demand curve in a monopoly is horizontal.
◦ The firm-specific demand curve in a perfectly competitive market is horizontal. The demand curve in a monopoly is downward sloping.
◦ The firm-specific demand curve in a perfectly competitive market is horizontal. The demand curve in a monopoly is upward sloping.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by NClaborn on Jul 20, 2019

amcvicar

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Reply #1 on: Jul 20, 2019
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.
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NClaborn

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Reply #2 on: Jul 20, 2019
Thank you!


amcvicar

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Reply #3 on: Jul 20, 2019
Always glad to help...


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