Which of the Following Will Cause a Decrease in Consumer

question 41

Multiple Choice

Which of the following will cause a decrease in consumer surplus?

• A)an increase in the number of sellers of the good
• B)a decrease in the production cost of the good
• C)sellers expect the price of the good to be lower next month
• D)the imposition of a binding price floor in the market

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Definitions:

Prescription

An authorization written by a medical professional allowing a patient to be issued a medicine or treatment.

Dosage

The size, frequency, and number of doses of a medication or drug to be administered or taken to achieve its desired therapeutic effect.

Last Refill Date

The most recent date on which a prescription medication was refilled for a patient, indicating when the medication was last obtained.

Directly with the Provider

Refers to interacting or communicating without intermediaries directly with healthcare professionals or service providers.