Choose the all statements that are true. In a competitive market, if two consumers are buying...
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Choose the all statements that are true. In a competitive market, if two consumers are buying a good from two different firms, and we switch the consumers so they are paired with the other consumer's firm, it will make no difference to the aggregate surplus. If we change the amounts that each firm produces, keeping the total amount produced the same as before, it will never make any difference to aggregate surplus. We cannot maximize aggregate surplus because it can get infinitely large. O If we change the total amount that is produced of a good, it does not affect aggregate surplus. Choose the all statements that are true. In a competitive market, if two consumers are buying a good from two different firms, and we switch the consumers so they are paired with the other consumer's firm, it will make no difference to the aggregate surplus. If we change the amounts that each firm produces, keeping the total amount produced the same as before, it will never make any difference to aggregate surplus. We cannot maximize aggregate surplus because it can get infinitely large. O If we change the total amount that is produced of a good, it does not affect aggregate surplus. Choose the all statements that are true. In a competitive market, if two consumers are buying a good from two different firms, and we switch the consumers so they are paired with the other consumer's firm, it will make no difference to the aggregate surplus. If we change the amounts that each firm produces, keeping the total amount produced the same as before, it will never make any difference to aggregate surplus. We cannot maximize aggregate surplus because it can get infinitely large. O If we change the total amount that is produced of a good, it does not affect aggregate surplus. Choose the all statements that are true. In a competitive market, if two consumers are buying a good from two different firms, and we switch the consumers so they are paired with the other consumer's firm, it will make no difference to the aggregate surplus. If we change the amounts that each firm produces, keeping the total amount produced the same as before, it will never make any difference to aggregate surplus. We cannot maximize aggregate surplus because it can get infinitely large. O If we change the total amount that is produced of a good, it does not affect aggregate surplus.
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