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Given the graph of a firm with a perfectly horizontal demand curve, one * 1 point should conclude that the firm is a monopolistic competitor.
Given the graph of a firm with a perfectly horizontal demand curve, one * 1 point should conclude that the firm is a monopolistic competitor. should conclude that the industry demand is inelastic. should conclude that the firm is a perfect competitor. can draw no conclusions concerning the type of firm
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Design And Maintenance Of Accounting Manuals
Authors: Harry L. Brown
3rd Edition
0471253685, 978-0471253686
