How the firm''s demand curve in this market would look like, Microeconomics

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How the firm''s demand curve in this market would look like

Problem

Describe market structure and characteristics.

Answer the following questions

A. There are four types of market structure. Which market structure best represents the market of wild salmon? Your answer must base on the economic definition and characteristics of the market structure

B. How the firm's demand curve in this market would look like? (Hint: think about the elasticity of the demand and the slope of the curve)

C. Is the marginal revenue equal to the price when selling one more unit of the product?

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Microeconomics: How the firm''s demand curve in this market would look like

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Microeconomics: How the firm''s demand curve in this market would look like

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