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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
    Which of the Following Will Cause No Change in Producer
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Which of the Following Will Cause No Change in Producer

Question 87

Question 87

Multiple Choice

Which of the following will cause no change in producer surplus?


A) the imposition of a nonbinding price ceiling in the market
B) buyers expect the price of a good to be higher next month
C) the price of a substitute increases
D) income increases and buyers consider the good to be inferior

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