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Consumer surplus always increases as the price of a good falls and decreases as the price of the good rises right?


Nidhi S

Nidhi S

CA Inter

4K+

05-Jan-24 12:38

208

Answers (1)

Best Answer

Yes, assuming all else constant, because it is the difference between price he is willing to pay and price of the good.


Vishnu

Vishnu

CA Inter

32K+

05-Jan-24 15:48

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