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In perfect competition in long-run equilibrium, can consumer surplus or producer surplus be increased? Explain your answer. Question content area bottom Part 1 In perfect
In perfect competition in long-run equilibrium, can consumer surplus or producer surplus be increased? Explain your answer. Question content area bottom Part 1 In perfect competition in long-run equilibrium, consumer surplus or producer surplus _______ be increased because _______. A. cannot; to do so requires a movement away from the long-run equilibrium B. can; a rise in price increases producer surplus and a fall in price increases consumer surplus C. can; producing more increases both consumer surplus and producer surplus D. cannot; once a market reaches long-run equilibrium it cannot be changed
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