A Dominant Firm's Residual Demand Curve Is

question 11

Multiple Choice

A dominant firm's residual demand curve is

• A) the horizontal difference between the market demand curve and the supply curve of the fringe firms.
• B) the vertical difference between the market demand curve and the supply curve of the fringe firms.
• C) the demand curve left for the fringe firms after the dominant firm has determined an output level.
• D) None of the above.

---

Definitions:

ICD-9-PCS

International Classification of Diseases, Ninth Revision, Procedure Coding System; a system used in the United States to classify and code hospital procedures.

ICD-9-CM

The International Classification of Diseases, Ninth Revision, Clinical Modification; a predecessor to ICD-10-CM used for coding and classifying morbidity data from inpatient and outpatient records, primary replaced by ICD-10-CM.

Medicine

The science and practice of the diagnosis, treatment, and prevention of disease, as well as the maintenance of health.

ICD-9-PCS

an abbreviation for the International Classification of Diseases, Ninth Revision, Procedure Coding System; a system used in healthcare to classify procedures and interventions.