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    Exam 18: Elasticities, Price-Distorting Policies, and Non-Price Rationing
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    In a Perfectly Competitive Market with Identical Firms, All Surplus
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In a Perfectly Competitive Market with Identical Firms, All Surplus

Question 9

Question 9

True/False

In a perfectly competitive market with identical firms, all surplus will be consumer surplus in long run equilibrium.

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