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21 Jan 2018
2. An increase in the consumer surplus in the market for milkshakes may result from: A) an increase in the price of milkshakes. B) an increase in the supply of milkshakes. C) a decrease in the demand for milkshakes. D a decrease in the supply of milkshakes. Use the following to answer questions 3-5. Table: Consumer Surplus and Phantom Tickets Student Willingness to Pay Jessica $150 Jacquelyn 125 Brad 105 Robert Gwen 25
2. An increase in the consumer surplus in the market for milkshakes may result from: A) an increase in the price of milkshakes. B) an increase in the supply of milkshakes. C) a decrease in the demand for milkshakes. D a decrease in the supply of milkshakes. Use the following to answer questions 3-5. Table: Consumer Surplus and Phantom Tickets Student Willingness to Pay Jessica $150 Jacquelyn 125 Brad 105 Robert Gwen 25
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