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nakungth nakungth
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Posts: 1175
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7 years ago
The price of video cassette recorders (VCRs) remains constant, but the market demand curve for VCRs shifts leftward as consumers shift to DVDs and other video technologies.  What happens to the consumer surplus in this market as the demand curve shifts?
A) Increases
B) Decreases
C) Remains the same
D) We do not have enough information to answer this question.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 76 times
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wrote...
#1
7 years ago
B
nakungth Author
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#2
6 years ago
Thank you!
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