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Under which market situation demand curve is linear and parallel to X-axis?
  • a)
    Monopoly
  • b)
    Oligopoly
  • c)
    Perfect competition
  • d)
    Monopolistic competition
Correct answer is option 'C'. Can you explain this answer?
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Under which market situation demand curve is linear and parallel to X-axis?a)Monopolyb)Oligopolyc)Perfect competitiond)Monopolistic competitionCorrect answer is option 'C'. Can you explain this answer?
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