If the price of gasoline were to go up while there was no charge in the demand for gasoline, what would happen to consum
Posted: Sun May 29, 2022 7:29 pm
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?
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
in the demand for gasoline, what would happen to consumers'
surplus?
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