Consumer surplus will tend to rise if:
A) the market price falls.
B) the market price rises.
C) there are absolutely no imports.
D) there are absolutely no exports.
E) autarky exists.

Question

Quizplus · Accepted Answer

Consumer surplus increases when the market price falls because consumers can buy goods or services at lower prices, thus deriving greater satisfaction or utility from their purchases compared to what they would at higher prices.

Consumer Surplus Will Tend to Rise If