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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 6: Consumer Choice and Demand
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    What Happens to Consumer Surplus as Price Falls Along a Given
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What Happens to Consumer Surplus as Price Falls Along a Given

Question 106

Question 106

Multiple Choice

What happens to consumer surplus as price falls along a given demand curve?


A) It always increases.
B) It always decreases.
C) It never changes.
D) It increases only if price increases just a little.
E) It depends on the elasticity of demand and supply.

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