If the price of gasoline were to go up while there was no charge in the demand for gasoline, what would happen to consum

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answerhappygod
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If the price of gasoline were to go up while there was no charge in the demand for gasoline, what would happen to consum

Post by answerhappygod »

If the price of gasoline were to go up while there was no charge
in the demand for gasoline, what would happen to consumers'
surplus?
If The Price Of Gasoline Were To Go Up While There Was No Charge In The Demand For Gasoline What Would Happen To Consum 1
If The Price Of Gasoline Were To Go Up While There Was No Charge In The Demand For Gasoline What Would Happen To Consum 1 (142.86 KiB) Viewed 25 times
A) producer surplus would go up
B) consumer surplus would go down
C) consumer surplus would stay the same
P₁ P 0 b S/ a\ Q
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