how-might-a-significant-decrease-in-consumer-surplus-influence-consumer-behavior

Question

How might a significant decrease in consumer surplus influence consumer behavior in a market?

Accepted Answer

Consumers may decrease their purchasing as they perceive less value in the market.

Answer

Consumers may increase their purchasing as they feel prices are too low.

Answer

Consumers may enter the market due to increased competition.

Answer

Consumers may become indifferent to price changes.