Refer to Scenario 7-2. Suppose a reduction in input prices shifts the market supply curve to
$$Q ^ { S } = P$$ How much total consumer surplus goes to new consumers who enter the market after the supply curve shifts?

Question

Refer to Scenario 7-2. Suppose a reduction in input prices shifts the market supply curve to
 $$Q ^ { S } = P$$ How much total consumer surplus goes to new consumers who enter the market after the supply curve shifts?

Quizplus · Accepted Answer

The Answer of Refer to Scenario 7-2. Suppose a reduction in input prices shifts the market supply curve to
 $$Q ^ { S } = P$$ How much total consumer surplus goes to new consumers who enter the market after the supply curve shifts?

Refer to Scenario 7-2 QS=PQ ^ { S } = PQS=P

Refer to Scenario 7-2 $Q ^ { S } = P$