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Other Fields Homework Help Economics Topic started by: spruckj on Jul 22, 2019



Title: If the demand for tennis shoes increases and a firm's supply curve is upward sloping, then:
Post by: spruckj on Jul 22, 2019
If the demand for tennis shoes increases and a firm's supply curve is upward sloping, then:

▸ producer surplus increases.

▸ producer surplus decreases.

▸ producer surplus does not change.

▸ producer surplus may either increase or decrease.


Title: If the demand for tennis shoes increases and a firm's supply curve is upward sloping, then:
Post by: getdh on Jul 22, 2019
producer surplus increases.


Title: If the demand for tennis shoes increases and a firm's supply curve is upward sloping, then:
Post by: spruckj on Jul 22, 2019
Thanks