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    Economics Today Study Set 1
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    Exam 23: Perfect Competition
  5. Question
    A Perfectly Competitive Firm Faces a Horizontal Demand Curve Because
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A Perfectly Competitive Firm Faces a Horizontal Demand Curve Because

Question 417

Question 417

Multiple Choice

A perfectly competitive firm faces a horizontal demand curve because it is


A) a price taker.
B) a price maker.
C) a large firm in a small industry.
D) one of few firms in the market.

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