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In the market for iPhones, if the cost of production of iPhones falls, what do we know for sure: a) There will be an increase
In the market for iPhones, if the cost of production of iPhones falls, what do we know for sure: a) There will be an increase in consumer surplus b) There will be a decrease in consumer surplus c) There will be in an increase in producer surplus d) There will be a decrease in producer surplus
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
