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    Economics Principles and Policy Study Set 2
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    Exam 11: The Case for Free Markets: the Price System
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    When the Price of the Product Falls
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When the Price of the Product Falls

Question 14

Question 14

Multiple Choice

When the price of the product falls


A) consumer's surplus remains the same.
B) producers' surplus increases.
C) consumer's surplus falls.
D) producer's surplus falls.

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