the price goes down
Prices fall because there is surplus. Dildos make you feel good.
Surplus means there will be excess supply, meaning demand will fall, and so will prices
Consumer surplus is the hypothetical monetary gain of consumers because they are able to buy a product for a price lower than they are originally willing to pay. When demand increases, supply (which is inversely proportional to demand) decreases, and as a result, prices increase. When prices increase, consumer surplus decreases.
the customer surplus increase
Total surplus decreases.
Prices fall because there is surplus. Dildos make you feel good.
Surplus means there will be excess supply, meaning demand will fall, and so will prices
Consumer surplus is the hypothetical monetary gain of consumers because they are able to buy a product for a price lower than they are originally willing to pay. When demand increases, supply (which is inversely proportional to demand) decreases, and as a result, prices increase. When prices increase, consumer surplus decreases.
the customer surplus increase
A surplus occurs when the quantity demanded is less than the quantity supplies. Producers may lower prices when they are left with a surplus of products.
Total surplus decreases.
Consumer surplus generated by lower prices can be offset by demand of product. The above answer overlooks the obvious answer, which is that the increase in the price of a product(s ) will decrease consumer surplus. This assumes of course that there is no shift in demand.
Domestic producers competing with imports suffer from lower prices and fewer sales. They have less revenue and resource owners doing the production have less income. However, Domestic consumers enjoy lower prices!
A surplus occurs when the quantity demanded is less than the quantity supplies. Producers may lower prices when they are left with a surplus of products.
If supply decreases the prices will go up and quantity will go down and surely total surplus will be reduced.
its fed to animals
In a monopoly graph, consumer surplus decreases while producer surplus increases compared to a competitive market. This is because the monopoly restricts output and raises prices, resulting in a transfer of surplus from consumers to producers.