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The amount of output that a firm decides to sell has no effect on the market price in a competitive industry because A. the firm
The amount of output that a firm decides to sell has no effect on the market price in a competitive industry because
A.
the firm supplies a different good than its rivals.
B.
the demand curve for theindustry's output is downward sloping.
C.
thefirm's output is a small fraction of the entireindustry's output.
D.
the market price is determined(through regulation) by the government.
E.
theshort-run market price is determined solely by thefirm's technology.
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