Question

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

Answer 1

individual firms are unable to influence the market price

Step-by-step explanation:

Answer 2

Answer: Individual firms are unable to influence the market price