Demand and Supply MCQs

What is the shape of the demand curve faced by a firm under perfect competition?

September 27, 2022

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What is the shape of the demand curve faced by a firm under perfect competition?

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

What is the shape of the demand curve faced by a firm under perfect competition?

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