Find who experiences a decrease in consumer surplus

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Alex is willing to pay $10, and Bella is willing to pay $8, for 1 pound of ribeye steak. When the price of ribeye steak increases from $9 to $11, Alex experiences a decrease in consumer surplus, but Bella does not. Bella experiences a decrease in consumer surplus, but Alex does not. both Bella and Alex experience a decrease in consumer surplus. neither Bella nor Alex experiences a decrease in consumer surplus.

Reference no: EM13219462

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