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    Principles of Economics Study Set 8
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    Exam 7: Consumers, Producers, and the Efficiency of Markets
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    Suppose Televisions Are a Normal Good and Buyers of Televisions
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Suppose Televisions Are a Normal Good and Buyers of Televisions

Question 80

Question 80

Multiple Choice

Suppose televisions are a normal good and buyers of televisions experience a decrease in income. As a result, consumer surplus in the television market


A) decreases.
B) is unchanged.
C) increases.
D) may increase, decrease, or remain unchanged.

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