A drought in California destroys many red grapes. As a result of the drought, the consumer surplus in the market for red grapes Select one: a. increases, and the consumer surplus in the market for red wine increases. b. increases, and the consumer surplus in the market for red wine decreases. c. decreases, and the consumer surplus in the market for red wine increases. d. decreases, and the consumer surplus in the market for red wine decreases.

Question

Leroy Mclean

3 July, 08:07

+2

Answers (1)

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Gwendolyn Morris · Answer 1

B

Explanation:

because if you raise it high enough you can get less people to buy seen it in a lot of places