Explain types of firms faces downward-sloping demand curve


At the individual firm level, which of the following types of firms faces a downward-sloping demand curve? Explain your choice of answer in detail

a. Both a perfectly competitve firm and a monpoly
b. Neither a perfectly competitve firm and nor a monpoly
c. A perfectly competitve firm but not a monpoly
d. A monopoly but not a perfectly competitve firm

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Microeconomics: Explain types of firms faces downward-sloping demand curve
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