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As the demand for a product becomes more inelastic, ceteris paribus, we would expect that A. Consumer surplus will increase B. Producer surplus will decrease

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As the demand for a product becomes more inelastic, ceteris paribus, we would expect that A. Consumer surplus will increase B. Producer surplus will decrease C. Consumer and producer surplus will rema As the demand for a product becomes more inelastic. ceteris parilous, we would expect that A. Consumer surplus will increase B. Producer surplus will decrease C. Consumer and producer surplus will remain the same D. Consumer surplus will decrease E. Product surplus will increase

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