The demand curve for cookies is down word sloping when the, Ask an Expert

Economics

The demand curve for cookies is down word sloping, when the price of cookies is $2, the quantity demanded is 100. If the price rises to $3, what happens to consumer surplus?

A. It falls by less than $100

B. It falls by more than $100

C. It Rises by less than $100

D. It rises by more than $100

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91272723

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