Change in consumer surplus
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Last updated 10:56 PM on 6/11/24
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4 Terms
1
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what happens to consumer surplus if there is an increase in demand
decrease in consumer surplus
2
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what happens to consumer surplus if there is an increase in supply
Increase in consumer surplus
3
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what happens to consumer surplus if there is an decrease in supply
decrease in consumer surplus
4
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what happens to consumer surplus if there is an decrease in demand
increase in consumer surplus
Note 
Flashcards (49)