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:

Verified
Correct Answer:
Verified
Q34: (Table: Economics Textbooks) Look at the table
Q35: Which of the following is true if
Q36: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt=" (Table:
Q37: Figure: A Market in Equilibrium<br>(Figure: A Market
Q38: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt=" (Table:
Q40: Luis is willing to sell his pool
Q41: Along a given demand curve, an increase
Q43: Figure: The Gains from Trade<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg"
Q44: Figure: Consumer Surplus I<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt="Figure:
Q162: All else equal,when the supply curve shifts