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10. Everything else equal, given an upward sloping supply curve, if the market demand curve shifts leftward (that is, market demand decreases), producer surplus a.

10. Everything else equal, given an upward sloping supply curve, if the market demand curve shifts leftward (that is, market demand decreases), producer surplus

a. decreases.

b. increases.

c. either increases or decreases.

d. does not change.

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