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Economics (AS & A Level) · Oct / Nov 2024 · Paper 11 · Question 7

9708Consumer and producer surplus

What is most likely to cause an increase in the consumer surplus in the market for a normal good?

  1. Aan increase in consumer incomes
  2. Ban increase in the number of substitute goods
  3. Can increase in the price of a complementary good
  4. Dan increase in the price of the good

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Correct answer: A. an increase in consumer incomes

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