If the market demand curve for a commodity has a negative slope then the market structure must be:

CA Foundation · Business Economics · MTP · April 2025
If the market demand curve for a commodity has a negative slope then the market structure must be:
(A) A. Perfect competition
(B) B. Monopoly
(C) C. Imperfect competition
(D) D. The market structure cannot be determined as the information is insufficient

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. The market structure cannot be determined as the information is insufficient

Topics: Price Determination in Different Markets

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