Ask Question
19 July, 05:40

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.

+4
Answers (1)
  1. 19 July, 07:29
    0
    This is false because consumer surplus declines because of the increase in price and reduction in quantity.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “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 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers