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      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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