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Microeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-1260566642Microeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-1260566642 Exercise 4
Consider a market in equilibrium. Suppose supply in this market increases. How will this affect consumer surplus? Explain.
Explanation
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Consumer surplus:
Consumer surplus refe...
Microeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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