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Eco and BCK

Economics

Consumer surplus always increases as the price of a good falls and decreases as the price of the good rises right?

Nidhi S

CA Inter

★ 4K+

05-Jan-24 12:38

141

Answers (1)

Best Answer

Yes, assuming all else constant, because it is the difference between price he is willing to pay and price of the good.

Vishnu

CA Inter

★ 22K+

05-Jan-24 15:48

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