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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 a Decrease in Supply, Total Surplus
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If There Is a Decrease in Supply, Total Surplus

Question 39

Question 39

Multiple Choice

If there is a decrease in supply, total surplus:


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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