A-LevelEconomicsThe price system and the microeconomy9708/12 · Feb/Mar 2019 · Q101 Mark
In the diagram, the supply of a product increases while the demand curve does not shift. Which row correctly identifies the resulting impact on consumer and producer surplus?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
Aconsumer surplus has fallen, producer surplus has fallen
Bconsumer surplus has fallen, producer surplus has risen
Cconsumer surplus has risen, producer surplus has fallen
Dconsumer surplus has risen, producer surplus has risen
✓ Correct answer
D: consumer surplus has risen, producer surplus has risen
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