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7 February, 22:35

The market demand curve for a firm operating under perfect competition is

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  1. 7 February, 22:50
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    The market demand curve for a firm operating under perfect competition is a horizontal line equal to the equilibrium price of the whole market.
  2. 7 February, 22:51
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    In a perfectly competitive market the market demand curve is a downward sloping line, reflecting the fact that as the price of an ordinary good increases
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