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Business, 01.02.2021 22:30 tamikeen9301

Suppose in the market for lattes there is an improvement in latte technology, which allows lattes to be produced at lower costs. We can say for certain that in the latte market A. consumer surplus will increase and total surplus will increase.
B. consumer surplus will increase but total surplus will decrease
C. consumer surplus will decrease and total surplus will increase.
D. consumer surplus will decrease and total surplus will decrease

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Suppose in the market for lattes there is an improvement in latte technology, which allows lattes to...
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