In which market structure is the demand curve of the market represented by the demand curve of the firm?

Monopoly

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Oligipoly

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Duopoly

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Perfect Competition

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Solution

The correct option is B Monopoly
In monopoly market structure, single firm consists of the market. Due to this the market demand curve representing all the individuals demand also depicts the firms demand curve.

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Similar questions

The demand curve for a perfectly competitive market is ______.

The market demand curve for monopolistic competition is flatter than the demand curve for monopoly. State true or false.

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