Economics Q66
- A
The demand schedule faced by a firm is downward sloping, while the demand schedule faced by the market is horizontal.
- B
The demand schedule faced by a firm is horizontal, while the demand schedule faced by the market is downward sloping.
- C
The demand schedules faced by both the firm and the market are horizontal.
- Option : B
- Explanation : The demand schedule faced by a firm is horizontal, while the demand schedule faced by the market as a whole is downward sloping.
