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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
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
★ 32K+
05-Jan-24 15:48
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