Answer
A) A horizontal line at 2 cents per paper clip.
Work Step by Step
The demand line is equivalent to the market price for perfect competition.
Microeconomics: Principles, Problems, & Policies, 20th Edition
by McConnell, Campbell; Brue, Stanley; Flynn, Sean
Published by
McGraw-Hill Education
ISBN 10:
0077660811
ISBN 13:
978-0-07766-081-9
Chapter 10 - Pure Competition in the Short Run - Review Questions - Page 237: 1
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