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nakungth nakungth
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Posts: 1175
Rep: 3 0
6 years ago
When the price of wood (which is an input in the production of furniture) falls, the consumer surplus associated with the consumption of furniture
A) increases.
B) decreases.
C) does not change.
D) could be any of the above.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 72 times
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oracledarrenoracledarren
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Posts: 455
6 years ago
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nakungth Author
wrote...
6 years ago
Thanks, very pleased with your answer
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