Economics 9708 · AS & A Level · Cross elasticity of demand

Cross elasticity of demand — practice question

The diagram illustrates supply and demand for a good. If price rises from P1 to P2, what happens to consumer surplus?

  • AIt falls from ABE to A.
  • BIt falls from CDFG to BCD.
  • CIt increases from CF to BCEF.
  • DIt increases from CF to BCEFH.

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