Economy, asked by abhigos615, 20 days ago

Demand curved faced by perfect competition firm is

Answers

Answered by tanishgupta886

0

Explanation:

A perfectly competitive firm's demand curve is a horizontal line at the market price. This result means that the price it receives is the same for every unit sold. The marginal revenue received by the firm is the change in total revenue from selling one more unit, which is the constant market price.

Answered by radheshyam6441

4

Answer:

A perfectly competitive firm's demand curve is a horizontal line at the market price. This result means that the price it receives is the same for every unit sold. The marginal revenue received by the firm is the change in total revenue from selling one more unit, which is the constant market price.

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