When there is a bountiful harvest of grapes,assuming that the demand curve for grapes is downward-sloping,the total consumer surplus in the grape market:
A) will increase.
B) will decrease.
C) will remain the same.
D) may change,but we can't tell how.

Question

Quizplus · Accepted Answer

When there is a bountiful harvest of grapes, the supply of grapes increases which leads to a decrease in price. This decrease in price will result in an increase in consumer surplus as consumers are able to purchase grapes at a lower price than before. Therefore, the total consumer surplus in the grape market will increase.

When There Is a Bountiful Harvest of Grapes,assuming That the Demand