If the Cost of Producing Sofas Decreases,then Consumer Surplus in the Sofa

question 63

Multiple Choice

If the cost of producing sofas decreases,then consumer surplus in the sofa market will

• A)increase.
• B)decrease.
• C)remain constant.
• D)increase for some buyers and decrease for other buyers.

---

Definitions:

Stream

In computing, a sequence of data elements made available over time, often used for input and output operations.

Stdout

Standard Output, a predefined file stream in computer programming used to output data to the screen or another output destination.

Stream

An abstraction for a sequence of data elements made available over time, often used for input/output operations in programming.

Ostream

An output stream in C++, associated with high-level output operations to a variety of destinations including files, devices, or consoles.