
What is MOST likely to cause an increase in the consumer surplus in the market for a normal good?
Select ONE answer:
- an increase in consumer incomes
- an increase in the number of substitute goods
- an increase in the price of a complementary good
- an increase in the price of the good
Show your workings to arrive at your answer, and explain and justify your reasons:
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This multiple-choice question is suitable for Economics KS4 and KS5 classes.
The answer is 1
- Correct
- Not correct
- Not correct
- Not correct
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