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Loraine Loraine
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Posts: 4563
9 years ago
When the price rises and the supply curve does not shift, the firms' producer surplus ________. When the price falls and the supply curve does not shift, the firms' producer surplus ________.
A) increases; decreases
B) decreases; increases
C) decreases; decreases
D) increases; increases
E) does not change; does not change
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 192 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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9 years ago
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Loraine Author
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9 years ago
this is exactly what I needed
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You make an excellent tutor!
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