When the Price of a Good Decreases and All Else

question 97

Multiple Choice

When the price of a good decreases and all else is held constant

• A) producer surplus increases.
• B) both consumer surplus and producer surplus decrease.
• C) both consumer surplus and producer surplus increase.
• D) producer surplus decreases.
• E) consumer surplus decreases.

---

Definitions:

Sixth Amendment

A provision of the U.S. Constitution that guarantees individuals the rights to a speedy trial, an impartial jury, to be informed of the charges against them, to confront witnesses, to have compulsory process for obtaining witnesses, and to have the assistance of counsel for their defense.

Speedy and Public Trial

A constitutional right guaranteed under the Sixth Amendment ensuring criminal defendants are tried without undue delay and in a public setting.

Due Process Clause

A clause in the Fifth Amendment of the U.S. Constitution which provides that the government cannot deprive an individual of life, liberty, or property without a fair and just hearing.

Entrapment Defense

A legal defense claiming the defendant was induced by law enforcement to commit a crime they otherwise would not have committed.