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Figure 7-1 Price B PA E Demand Quantity Q2 Refer to Figure 7-1. Which does NOT occur when the price rises from Pl to P2?

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Figure 7-1 Price B PA E Demand Quantity Q2 Refer to Figure 7-1. Which does NOT occur when the price rises from Pl to P2? Consumer surplus in the market falls. O C Some buyers leave the market because they are not willing to buy the good at the higher price. O The buyers who still buy the good are worse off because they now pay more. The total value of what is now purchased by buyers is actually higher

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