The demand curve that a firm faces in a perfectly competitive market is........... Option 1: More elastic. Option 2: Less elastic. Option 3: Perfectly inelastic. Option 4: Perfectly elastic.

The answer is 'Perfectly elastic.'. View full solution:

CUET Economics - The demand curve that a firm faces in a perfectly competitive market is........... | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Micro

Easy

More elastic.

Less elastic.

Perfectly inelastic.

Perfectly elastic.

✅ Correct Option: 4

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