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Style of market

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    • Avatar of knight90knight90
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        • CFA Level 2
        25 Oct 2017 at 8:03 am
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        I believe it’s because a firm’s demand curve is flat in perfect competition.

      • Avatar of CFAcharterwannabeCFAcharterwannabe
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          25 Oct 2017 at 8:02 am
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          @BobBarkerPlaysPlinko‌ perfect competition is perfectly elastic, horizontal. The curve is not downward sloping. Main clue. The curve is downward sloping for the other markets.

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