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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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