[Answer] The demand curve as perceived by a monopolistic competitor is ______________.

Answer: select the profit maximizing quantity to produce

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The demand curve as perceived by a monopolistic competitor is ______________. If a monopoly or a monopolistic competitor raises their prices then decline in quantity demanded will be larger for the monopolistic competitor . The demand curve as perceived by a monopolistic competitor is ______________ . A. a monopolist faces the market demand curve and a monopolist competitor does not B. a monopolist competitor faces the market demand curve and a monopolist does not C. because the demand curve for a monopolistic competitor is upward sloping D. because the demand curve perceived by the monopolist is flatter than that of a monopolist competitor The perceived demand curve for a monopolistic competitor is flatter than the perceived demand curve for a monopolist (because if a monopolistic competitor raises price it will loose some customers to the competition while a monopolist does not face any competition . The perceived demand curve for a monopolistically competitive firm is downward sloping which shows that unlike a perfectly competitive firm with its flat perceived demand curve a monopolistically competitive firm is not a price-taker but rather chooses a … A. upward-sloping B . U shaped C . downward-sloping D. flat Answer: C Reference: Explana...

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