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Given the volume of production of a Perfectly Competitive Firm it follows that: a. The competitive industry's demand curve is negatively sloped but the competitive
Given the volume of production of a Perfectly Competitive Firm it follows that: a. The competitive industry's demand curve is negatively sloped but the competitive firm's demand curve is horizontal. b. None of the Others c. The competitive industry's demand curve is positively sloped but the competitive firm's demand curve is horizontal. d. The competitive industry's demand curve is negatively sloped and likewise, the competitive firm's demand curve is also negatively sloped
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