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Question 89

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Use the following to answer questions:
Figure: Consumer and Producer Surplus Use the following to answer questions: Figure: Consumer and Producer Surplus -(Figure: Consumer and Producer Surplus) Look at the figure Consumer and Producer Surplus. If the price is held below equilibrium, producer surplus _____ and total surplus _____. A) decreases; decreases B) increases; stays the same C) decreases; stays the same D) increases; decreases
-(Figure: Consumer and Producer Surplus) Look at the figure Consumer and Producer Surplus. If the price is held below equilibrium, producer surplus _____ and total surplus _____.


A) decreases; decreases
B) increases; stays the same
C) decreases; stays the same
D) increases; decreases

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