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Select all of the answers that aretrue. That is, there may be more than one correct statement. Which of the following can result in deadweight
Select all of the answers that aretrue. That is, there may be more than one correct statement.
Which of the following can result in deadweight losses?
1.) When a monopolist sets the market price
2.) When the market demand curve shiftsin a perfectly competitive market
3.)When there is an asymmetryin the information held by buyers and sellers
4.)When marginal cost curve shifts in a perfectly competitive market
5.)When a non-binding price ceiling is implemented
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