Exhibit 7-7 Refer to Exhibit 7-7.When the price falls from P 2 to P 1 ,consumer surplus

The Answer of Exhibit 7-7 Refer to Exhibit 7-7.When the price falls from P 2 to P 1 ,consumer surplus

Exhibit 7-7 Refer to Exhibit 7-7.When the price falls from P 2 to P 1 ,consumer surplus

The Answer of Exhibit 7-7 Refer to Exhibit 7-7.When the price falls from P 2 to P 1 ,consumer surplus

Solved

Exhibit 7-7 Refer to Exhibit 7-7

Question 100

Multiple Choice

Exhibit 7-7 Exhibit 7-7 Refer to Exhibit 7-7.When the price falls from P<sub>2</sub> to P<sub>1</sub>,consumer surplus A) increases by area D + E B) increases by area B + C C) decreases by area B + C D) decreases by area C Refer to Exhibit 7-7.When the price falls from P₂ to P₁,consumer surplus