Question: Which of the following will cause a decrease in CS ? an increase in the number of firms a decrease in the production cost of

Which of the following will cause a decrease in CS?
an increase in the number of firms
a decrease in the production cost of the good
firms believe that the price of the good to be lower next week
a binding price floor is introduced into this market
Find CS when price is equal to 90.
$1,050.
$1,225.
$1,575.
$2,450.
Which of the following will cause a decrease in CS? an

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