Which of the following is true if there is a decrease in the supply of ice cream?
A.There is an increase in consumer surplus.
B.There is a decrease in consumer surplus.
C.There is no change to consumer surplus.
D.It's impossible to tell what will happen to consumer surplus.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is true if there is a decrease in the supply of ice cream?
A.There is an increase in consumer surplus.
B.There is a decrease in consumer surplus.
C.There is no change to consumer surplus.
D.It's impossible to tell what will happen to consumer surplus.

Which of the Following Is True If There Is a Decrease