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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
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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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
Thanks
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Just got PERFECT on my quiz
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You make an excellent tutor!
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