A firm that faces a downward sloping demand curve is

A) a price taker.
B) a price provider.
C) a price searcher.
D) a price creator.

Answer: C

Economics

You might also like to view...

In negotiating NAFTA, what two side agreements were reached?

What will be an ideal response?

View
Economics

How does the principal-agent problem increase the possibility of moral hazard?

What will be an ideal response?

View
Economics