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The market-demand curve is A. always elastic B. usually upward sloping in perfectly competitive markets C. the horizontal sum of an individual firm's marginal-cost curves
The market-demand curve is
A. always elastic
B. usually upward sloping in perfectly competitive markets
C. the horizontal sum of an individual firm's marginal-cost curves
D. a good indicator of market structure
E. the same as the monopolist's demand curve
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