What happens to consumer surplus in the smart watch market if smart watches are normal goods and income of the smart watch buyers falls?
A)Consumer surplus decreases.
B)Consumer surplus remains unchanged.
C)Consumer surplus increases.
D)Consumer surplus may increase, decrease, or remain unchanged.

Question

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The Answer of What happens to consumer surplus in the smart watch market if smart watches are normal goods and income of the smart watch buyers falls?
A)Consumer surplus decreases.
B)Consumer surplus remains unchanged.
C)Consumer surplus increases.
D)Consumer surplus may increase, decrease, or remain unchanged.

What Happens to Consumer Surplus in the Smart Watch Market