In a given market consumers surplus would by Prof. Frank Levy @Harvard

Question 12 / 43: 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.

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Microeconomics Practice MCQ

Author:

Prof.Frank LevyLecturer

Harvard Medical School

USA

Access: Public Instant Grading

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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