A monopolistically competitive firm's demand curve is______ .

Name: A monopolistically competitive firm's demand curve is______ .
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A monopolistically competitive firm's demand curve is downward sloping, which means that as the firm increases its price, the quantity demanded decreases. This is because there are many close substitutes available to consumers, so if the price of one firm's product is too high, consumers can easily switch to a similar product from a competing firm.

A Monopolistically Competitive Firm's Demand Curve Is______