Essay
If total surplus falls, which of the following must have occurred?
A.There was an increase in demand or a decrease in supply.
B.There was an increase in demand and an increase in supply.
C.There was a decrease in demand or a decrease in supply.
D.There was a decrease in demand and an increase in supply.
Correct Answer:
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There was a decrease...View Answer
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Correct Answer:
Verified
View Answer
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