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Costa Costa
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6 years ago
What effect does an increase in price have on producer surplus?
A) an increase in price does not affect producer surplus
B) an increase in price reduces producer surplus
C) an increase in price increases producer surplus
D) the effect is ambiguous as it depends on the extent of the price increase
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Microeconomics

Microeconomics


Edition: 2nd
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JavaewJavaew
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6 years ago
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Costa Author
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6 years ago
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Smart ... Thanks!
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