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Suppose the market for mini-scooters faces an upward-sloping supply curve. If there is a decrease in price, we would expect producer surplus to: Group of

Suppose the market for mini-scooters faces an upward-sloping supply curve. If there is a decrease in price, we would expect producer surplus to:

Group of answer choices

decrease.

increase.

We cannot determine what producer surplus will do without information about the demand curve.

stay the same.

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