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A Competitive Market for Cell Phone Chargers Is Currently in Equilibrium.If

Question 104

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A competitive market for cell phone chargers is currently in equilibrium.If the price is below the equilibrium price in the cell phone charger market, what will happen to producer surplus?
A.producer surplus will rise.
B.producer surplus will fall.
C.the change in producer surplus is indeterminate.
D.There will be no change to producer surplus.

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