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When price falls in a market, total consumer surplus increases because [1] consumers who would have been willing to buy the good at the original
When price falls in a market, total consumer surplus increases because
[1] consumers who would have been willing to buy the good at the original price are now better off.
[2] the demand curve shifts to the right as new consumers enter the market and receive some consumer surplus.
[3] total expenditure on the good decreases.
[4] producer surplus decreases.
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