Answered

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Other things equal, a fall in the market price caused by a change in supply will Multiple Choice increase consumer surplus. decrease consumer surplus. increase producer surplus while leaving consumer surplus unchanged. decrease producer surplus while leaving consumer surplus unchanged.

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Parrain

If there is a fall in market price as a result of a change in supply, this will  increase consumer surplus.

What happens when prices decrease?

When prices decrease as a result of an increase in supply, it means that consumers are better off because they can afford more things.

This therefore means that consumer surplus has increased which is a term that is used to describe consumers being better off.

Find out more on consumer surplus at https://brainly.com/question/14753335.

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