The demand curve for cookies is downward sloping. When the price of cookies is $2, the quantity
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The demand curve for cookies is downward sloping. When the price of cookies is $2, the quantity demanded is 100. If the price rises to $3, what happens to consumer surplus?
a It falls by less than $100 b It falls by more than $100 c It rises by less than $100 d It rises by more than $100
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Principles Of Microeconomics [Australia And New Zealand Edition]
ISBN: 9781337408066
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