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The demand curve faced by firms in a perfectly competitive market is horizontal to reflect the fact that (1 point) o individual firms are capable of influencing the market price o individual firms are
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The demand curve faced by firms in a perfectly competitive market is horizontal to reflect the fact that

(1 point)
o individual firms are capable of influencing the market price
o individual firms are unable to influence the market price
O individual firms offer a homogeneous product
o individual firms offer a differentiated product

User Theletz
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2 Answers

4 votes

Answer:

individual firms are unable to influence the market price

Step-by-step explanation:

User Farmdve
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6 votes

Answer: Individual firms are unable to influence the market price

User Todd Sjolander
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