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Card 14 / 47: In a given market, consumers' surplus would, all else equal, be increased by:
A)
leftward shifts of the demand and supply curves that leave price unchanged.
B)
a decrease in supply.
C)
an increase in price.
D)
an increase in supply.
Answer:
D) an increase in supply.
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Attribution:
Levy, Frank. 11.203 Microeconomics, Fall 2010. (MIT OpenCourseWare: Massachusetts Institute of Technology), http://ocw.mit.edu/courses/urban-studies-and-planning/11-203-microeconomics-fall-2010 (Accessed 13 Mar, 2014). License: Creative Commons BY-NC-SA
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