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Industry’s Demand Curve In Perfect Competition Assignment Help

Assignment Help: >> Perfect Competition - Industry’s Demand Curve In Perfect Competition

Industry's Demand Curve In Perfect Competition:

All the firms in a perfectly competitive industry together can influence the market price by their collective action.   Hence the industry's demand curve is downward sloping as shown in Figure.

13_Industry Demand Curve In Perfect Competition.png

Figure:  Industry Demand Curve in Perfect Competition
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