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If the demand curve facing a firm is sharply downward-sloping, the firm is likely to be

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If the demand curve facing a firm is sharply downward-sloping, the firm is likely to be

A. a monopolistic competitor as it can have a limited influence on price
B. a monopolist as it can have a great influence on price
C. a perfect competitor as it cannot influence the market price
D. an oligopolist as it can collude with other firms to have some influence on price




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