The demand curve facing a perfectly competitive firm is
a. vertical at the equilibrium
b. perfectly inelastic
c. downward sloping
d. horizontal at the market price
d
Economics
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Activists believe that postwar instability is primarily the result of
A) erratic growth of private investment. B) uneven changes in real government expenditures. C) uneven changes in private consumption of durables. D) A and C are both correct.
Economics
The tax base of the value added tax and a turnover tax are the same
a. True b. False
Economics