If the price of a pizza increases and the demand curve for pizza does not shift, then the consumer surplus from pizza will
A) equal the producer surplus if the market produces the efficient quantity of pizza.
B) remain the same.
C) increase.
D) decrease.

Question

Quizplus · Accepted Answer

When the price of a pizza increases and the demand curve remains unchanged, the consumer surplus decreases because consumers are paying more for the same quantity of pizza, reducing the difference between what they are willing to pay and what they actually pay.

If the Price of a Pizza Increases and the Demand