A monopolistically competitive firm faces a downwardminussloping demand curve becauseA. its market decisions are affected by the decisions of its rivals. B. of product differentiation. C. there are few substitutes for its product. D. it is able to control price and quantity demanded.
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Home » Business » A monopolistically competitive firm faces a downwardminussloping demand curve becauseA. its market decisions are affected by the decisions of its rivals. B. of product differentiation. C. there are few substitutes for its product. D.