Question

For the perfectly competitive broccoli producers in​ California, the market demand curve for broccoli is A. downward sloping. B. the same as the demand curve each firm faces. C. upward sloping. D. nonexistent.

Answer 1

The correct answer is A that is downward sloping.

Step-by-step explanation:

A perfectly competitive market is the one where the firm is the price taker, that means they must accept the price set by the market.

In this market, the slope is downward sloping which means when the price drop or rise, people bought more or less good for the same amount of the money.