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Sagot :
A fall in price that is caused by a change in supply would lead to an increase in consumer surplus.
A fall in market price happens when the products that are supplied or available in the market are in excess.
Simply put, an increase in supply or excess supply causes goods to fall in price. Because the good is surplus in the market.
As supply rises, the equilibrium falls leading to an increase in consumer surplus. This surplus happens because the price that was paid for a good becomes less than what was thought to be the price.
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