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  3. Study Set
    Principles of Microeconomics
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    Exam 7: Consumers, producers, and the Efficiency of Markets
  5. Question
    When Technology Improves in the Ice Cream Industry,what Happens to Consumer
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When Technology Improves in the Ice Cream Industry,what Happens to Consumer

Question 2

Question 2

Multiple Choice

When technology improves in the ice cream industry,what happens to consumer surplus


A) It increases.
B) It decreases.
C) It does not change, since technology affects suppliers and not consumers.
D) It increases then decreases.

Correct Answer:

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