Most markets are not monopolies in the real world because
A. supply curves slope upward.
B. firms usually face downward-sloping demand curves.
C. firms usually equate price with marginal cost.
D. there are reasonable substitutes for most goods.
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Most markets are not monopolies in the real world because A. supply curves slope upward. B. firms usually face downward-sloping demand ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Most markets are not monopolies in the real world because A. supply curves slope upward. B. firms usually face downward-sloping demand curves. C. firms usually equate price with marginal cost. D. there are reasonable substitutes for most goods.