IndigoLearn

Forums

Back

Eco and BCK

Economics

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

286

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 Muraleedharan

CA Final

★ 32K+

05-Jan-24 15:48