As a result of the tax, the price received by producers, and. as a result of the tax, the price paid by consumers, and total consumer spending falls as long as demand is. true or false: consumer surplus rises if total consumer spending falls.

Question

Alejandra Noble

19 July, 05:40

+4

Answers (1)

Know the Answer?

Nikolas · Answer 1

This is false because consumer surplus declines because of the increase in price and reduction in quantity.