Which of the following is most likely to increase consumer surplus in the market for cotton T-shirts?
A.Weather conditions provide for an extremely productive cotton harvest.
B.Consumer incomes fall and cotton T-shirts are normal goods.
C.The price of polyester T-shirts falls.
D.The price of industrial sewing machines used to produce garments increases.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is most likely to increase consumer surplus in the market for cotton T-shirts?
A.Weather conditions provide for an extremely productive cotton harvest.
B.Consumer incomes fall and cotton T-shirts are normal goods.
C.The price of polyester T-shirts falls.
D.The price of industrial sewing machines used to produce garments increases.

Which of the Following Is Most Likely to Increase Consumer