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wrote...
Posts: 187
A month ago
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.
Textbook 

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
Read 96 times
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wrote...
A month ago
producer surplus increases.
wrote...
A month ago
Thanks
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