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    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Producer Surplus
  5. Question
    If the Demand for Leather Decreases,producer Surplus in the Leather
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If the Demand for Leather Decreases,producer Surplus in the Leather

Question 82

Question 82

Multiple Choice

If the demand for leather decreases,producer surplus in the leather market


A) increases.
B) decreases.
C) remains the same.
D) may increase,decrease,or remain the same.

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