When a New Medical Report Extols the Health Advantages of Grapefruit,assuming

question 24

Multiple Choice

When a new medical report extols the health advantages of grapefruit,assuming an upward-sloping supply curve,producer surplus in the grapefruit market:

• A)will increase.
• B)will decrease.
• C)will remain the same.
• D)may change,but we can't tell how.

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