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A monopoly sees the demand curve as ________ while a perfectly competitive firm perceives its demand curve as ________. downward-sloping; horizontal flat; downward-sloping upward-sloping; flat

A monopoly sees the demand curve as ________ while a perfectly competitive firm perceives its demand curve as ________.

downward-sloping; horizontal

flat; downward-sloping

upward-sloping; flat

horizontal; upward-sloping

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