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QUESTION 4 If consumers view the output of any firm in a market to be identical to the output of any other firm in the
QUESTION 4 If consumers view the output of any firm in a market to be identical to the output of any other firm in the market, the demand curve for the output of any given firm will be identical to the market demand curve. will be vertical. will be horizontal. cannot be determined from the information given.
QUESTION 4 If consumers view the output of any firm in a market to be identical to the output of any other firm in the market, the demand curve for the output of any given firm Cwill be identical to the market demand curve. C will be vertical. Cwill be horizontal. Ccannot be determined from the information given.
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