Q. What is the shape of the demand curve faced by a firm under perfect competition?
A. Horizontal
B. Vertical
C. Positively sloped
D. Negatively sloped
Answer: Horizontal
Q. What is the shape of the demand curve faced by a firm under perfect competition?
A. Horizontal
B. Vertical
C. Positively sloped
D. Negatively sloped
Answer: Horizontal