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Select all of the answers that are true. That is, there may be more than one correct statement. In the long run of a perfectly

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Select all of the answers that are true. That is, there may be more than one correct statement. In the long run of a perfectly competitive market... Financial revenues minus financial costs for each firm equal zero Average total cost is minimized Market demand is perfectly elastic Consumer surplus is minimized Changes in demand will not change the market price Average fixed cost is increasing in quantity QUESTION 6 Select all of the answers that are true. That is, there may be more than one correct statement. Which of the following can result in deadweight losses? When a monopolist sets the market price )When the market demand curve shifts in a perfectly competitive market When there is an asymmetry in the information held by buyers and sellers When marginal cost curve shifts in a perfectly competitive market O When a non-binding price ceiling is implemented

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