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Question
what does the demand curve for a perfectly competitive market look like?downward sloping.vertical.upward sloping.horizontal.rewatch
In a perfectly competitive market, the market demand curve follows the law of demand: as the price of a good increases, the total quantity demanded by all consumers decreases, and vice versa. This inverse relationship between price and quantity demanded results in a downward sloping curve. (Note: a horizontal curve applies to the individual firm's demand curve, not the market demand curve.)
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Downward sloping.