What happens to consumer surplus in the iPod market if iPods are normal goods and buyers of iPods experience an increase in income?
A)Consumer surplus decreases.
B)Consumer surplus remains unchanged.
C)Consumer surplus increases.
D)Consumer surplus may increase, decrease, or remain unchanged.

Question

Quizplus · Accepted Answer

The Answer of What happens to consumer surplus in the iPod market if iPods are normal goods and buyers of iPods experience an increase in income?
A)Consumer surplus decreases.
B)Consumer surplus remains unchanged.
C)Consumer surplus increases.
D)Consumer surplus may increase, decrease, or remain unchanged.

What Happens to Consumer Surplus in the IPod Market If