Time left 1:36:39 In an industry with a large number of firms, Select one: O a One firm will dominate the market. b. Collusion is impossible. c. Each firm will produce a large quantity, relative to market demand O d. Competition is eliminated. The demand curve facing a perfectly competitive firm is: Select one: a. Vertical line b. Downward sloping. OC. Upward sloping d. Horizontal line If a firm sells its output in a market that is characterized by many sellers and buyers, a homogeneous product and easy entry and exit, then the firm is a: Select one: O a Monopolistic Competitor. Ob Perfect Competitive C Monopolist. d. Oligopoly Clear my choice