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-The Figure Illustrates the Market for Bagels

Question 133

Multiple Choice

-The figure illustrates the market for bagels. If the number of bagels is increased from 20 to 30 an hour, consumer surplus plus producer surplus ________ and deadweight loss is ________. A) decreases; negative B) decreases; positive C) increases; positive D) increases; negative
-The figure illustrates the market for bagels. If the number of bagels is increased from 20 to 30 an hour, consumer surplus plus producer surplus ________ and deadweight loss is ________.


A) decreases; negative
B) decreases; positive
C) increases; positive
D) increases; negative

Correct Answer:

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