Hjeanbean8515 Hjeanbean8515
  • 25-10-2017
  • Business
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For the perfectly competitive broccoli producers in california, the firm's demand curve for broccoli is

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Erudite1
Erudite1 Erudite1
  • 03-11-2017
For the perfectly competitive broccoli producers in California, the firms' demand curve for broccoli is A HORIZONTAL LINE WHICH IS EQUAL TO THE EQUILIBRIUM PRICE OF THE ENTIRE MARKET.
In a perfectly competitive market, the demand curve for the market and the demand curve for the firm are different from each other. The market demand curve slopes downward while the firm's demand curve is a horizontal line.
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