eco

Project Description:

q:what are the social benefits of perfect competition

q:total consumer surplus and producer surplus are maximized under perfect competition. if govern-
ment restricted the quantity that could be brought to market, how would this restriction affect price,
quantity, consumer surplus, and producer surplus?

q:under competitive conditions, why can market price not be higher or lower than the price
established by the free market forces of demand and supply?

need at least 50-75 word post and need asap
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