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10 Jan 2018
14. Which of the following is true if there is a decrease in the demand for cupcakes? A) There is an increase in producer surplus. B) There is an increase in consumer surplus. C) There is an increase in total surplus. D) There is a decrease in producer surplus.
14. Which of the following is true if there is a decrease in the demand for cupcakes? A) There is an increase in producer surplus. B) There is an increase in consumer surplus. C) There is an increase in total surplus. D) There is a decrease in producer surplus.
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