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    Exploring Economics Study Set 1
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    Exam 7: Market Efficiency and Welfare
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    As the Market Price of a Good Falls, Consumer Surplus:​
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As the Market Price of a Good Falls, Consumer Surplus:​

Question 32

Question 32

Multiple Choice

As the market price of a good falls, consumer surplus:​


A) ​falls.
B) ​rises.
C) ​does not change.
D) ​can either fall, rise, or stay the same.

Correct Answer:

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