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If the price of a good rises while demand remains unchanged, then the total consumer surplus will decrease.
As the price of good rises, consumer surplus decreases, and because the fee of a good falls, consumer surplus will increase. The distinction between the lowest fee a firm might be willing to accept and the rate it clearly receives.
Consumer surplus is defined as the distinction between the entire amount that consumers are inclined and capable of pay for a great or provider (indicated with the aid of the call for curve) and the full amount that they surely do pay (i.e. the market charge).
An increase in demand reasons equilibrium prices to grow. A lower in call for reasons equilibrium charge to decrease.
Learn more about consumer surplus here: https://brainly.com/question/380921
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