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When There Is a Bountiful Harvest of Grapefruit,assuming That the Demand

Question 51

Multiple Choice

When there is a bountiful harvest of grapefruit,assuming that the demand curve for grapefruit is downward-sloping,total consumer surplus in the grapefruit market:


A) will increase.
B) will decrease.
C) will remain the same.
D) may change,but we can't tell how.

Correct Answer:

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