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

Question

Quizplus · Accepted Answer

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

Which of the Following Is True If There Is a Decrease