Imports ________ society's total surplus because of the ________ in price and ________ in consumption.
A) increase; rise; increase
B) increase; rise; decrease
C) decrease; fall; increase
D) decrease; fall; decrease
E) increase; fall; increase

Question

Quizplus · Accepted Answer

Imports increase society's total surplus because they lead to a fall in price and an increase in consumption. Lower prices make goods more affordable, which typically leads to more consumption, benefiting both consumers and the economy at large.

Imports ________ Society's Total Surplus Because of the ________ in Price

Imports Society's Total Surplus Because of the in Price