The demand schedule (curve) confronted by an individual is perfectly elastic rather than being a purely competitive firm.
The types of schedule.
In Economics, there are two main types of chart that can be used to illustrate the relationship between the total quantity of goods or services that are demanded by consumers and the total quantity of goods or services that were supplied by a manufacturer (producer) and these include:
Generally, the demand schedule (curve) confronted by an individual is perfectly elastic rather than being a purely competitive firm because the demand for goods or services is infinite.
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