Suppose there is an early freeze in California that reduces the size of the lemon crop. What happens to consumer surplus in the market for lemons?
A、Consumer surplus increases.
B、Consumer surplus decreases.
C、Consumer surplus is not affected by this change in market forces.
D、We would have to know whether the demand for lemons is elastic or inelastic to make this determination.
A、Consumer surplus increases.
B、Consumer surplus decreases.
C、Consumer surplus is not affected by this change in market forces.
D、We would have to know whether the demand for lemons is elastic or inelastic to make this determination.
微观经济学（全英）
章节列表
1. General Overview of Economics282. Principles of Economics353. Circular-Flow Diagram and PPF204. Interdependence and Trade205. Demand and Supply756. Elasticity717. Price Control and Taxation408. CS, PS and the Efficiency of Markets109. Costs of Taxation2510. International Trade3011. Externalities3112. Public Goods and Common Resources2013. The Costs of Production20