Question

    If the market demand curve for a commodity has a

    negative slope then the market structure must be
    A perfect competition. Correct Answer Incorrect Answer
    B monopoly Correct Answer Incorrect Answer
    C imperfect competition. Correct Answer Incorrect Answer
    D The market structure cannot be determined from the information given. Correct Answer Incorrect Answer
    E Monopolistic Competition Correct Answer Incorrect Answer

    Solution

    The market structure cannot be determined from the information given

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