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Revenue increases when A. producer surplus increases B. producer surplus decreases C. consumer surplus increases D. consumer surplus decreases
Revenue increases when consumer surplus increases.
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Asked 2/28/2016 4:26:42 PM
Updated 8/18/2016 8:54:18 AM
1 Answer/Comment
Flagged by emdjay23 [8/18/2016 3:39:55 AM], Unflagged by jeifunk [8/18/2016 8:54:11 AM], Edited by jeifunk [8/18/2016 8:54:14 AM], Edited by jeifunk [8/18/2016 8:54:18 AM]
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Revenue increases when consumer surplus increases.
Added 8/18/2016 3:39:53 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [8/18/2016 8:54:19 AM]
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The purpose of a market in a market system is to
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Updated 2/21/2016 10:11:13 PM
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The purpose of a market in a market system is to bring buyers and sellers into contact.
Added 2/21/2016 10:11:13 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [2/21/2016 10:19:22 PM]
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