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:

Allies

Countries that form partnerships or alliances with one another, especially during wartime, to achieve common goals and oppose common adversaries.

Exterminate Jews

Refers to the systemic genocide of approximately six million Jews carried out by Nazi Germany before and during the Second World War.

Japanese Invasion

Denotes the period during World War II when Japan expanded its empire by forcefully occupying territories in Asia and the Pacific, significantly impacting the course of global events.

French Indochina

A colonial territory in Southeast Asia under French rule from the late 19th century until the mid-20th century, including present-day Vietnam, Laos, and Cambodia.