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    Microeconomics Study Set 40
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    Exam 4: Consumer and Producer Surplus
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    If There Is an Increase in Supply, Total Surplus
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If There Is an Increase in Supply, Total Surplus

Question 90

Question 90

Essay

If there is an increase in supply, total surplus:
A.will increase.

will decrease.
will remain the same.
may change, but we can't tell how.

Correct Answer:

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