What is the shape of the demand curve faced by a firm under perfect competition?

What is the shape of the demand curve faced by a firm under perfect competition?

Q.       What is the shape of the demand curve faced by a firm under perfect competition?

A.           Horizontal     

B.            Vertical

C.            Positively sloped        

D.           Negatively sloped

Answer: Horizontal

Demand and Supply MCQs
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