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-The Figure Above Shows the Market for Milk

Question 399

Multiple Choice

-The figure above shows the market for milk. If a drought lowers the productivity of dairy cows so that they give less milk, then the efficient quantity of milk ________ and the consumer surplus ________. A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases
-The figure above shows the market for milk. If a drought lowers the productivity of dairy cows so that they give less milk, then the efficient quantity of milk ________ and the consumer surplus ________.


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

Correct Answer:

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