Pure Competition .If the firm sets its own price above the market price then the quantity demanded from the firm is zero If the firm sets its own price below the market price then the quantity demanded from the firm is the entire market quantity -demandedPure Competition ◆If the firm sets its own price above the market price then the quantity demanded from the firm is zero. ◆If the firm sets its own price below the market price then the quantity demanded from the firm is the entire market quantity-demanded