Which of the Following Will Cause an Increase in Consumer

question 24

Multiple Choice

Which of the following will cause an increase in consumer surplus?

• A)an increase in the production cost of the good
• B)a technological improvement in the production of the good
• C)a decrease in the number of sellers of the good
• D)the imposition of a binding price floor in the market

---

Definitions:

Sclera

The white outer layer of the eyeball, providing protection and form.

Receptors

Specialized cells or proteins in a biological organism that bind to specific molecules, leading to a cellular response.

Peripheral Nerve

Nerves located outside of the brain and spinal cord, responsible for transmitting information between the central nervous system and the rest of the body.

Stimuli

External factors or events that provoke a response in biological organisms, essential for behavior and learning.