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multiple choice question price makers are firms with: o upward - slopin…

Question

multiple choice question
price makers are firms with:
o upward - sloping demand curves
o vertical demand curves
o downward - sloping demand curves
o horizontal demand curves

Explanation:

Brief Explanations

Price - makers have market power and face downward - sloping demand curves. This is because they are not price - takers and can influence the price by changing the quantity they produce. As they increase the quantity supplied, the price they can charge decreases, resulting in a downward - sloping demand curve for their product.

Answer:

downward - sloping demand curves