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Question 8 (1 point) Consider the market for bus rides which has standard demand and supply curves. If the demand for bus rides decreases due

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Question 8 (1 point) Consider the market for bus rides which has standard demand and supply curves. If the demand for bus rides decreases due the availability of hourly car rental options, which of the following statements is TRUE? C Producer surplus may have increased or decreased, the change in not certain O Total surplus has increased O Total surplus has stayed the same O Producer surplus has decreased

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