<span>Financial deregulation was a big part of why profits soared during these years. With businesses feeling as if they had more freedom to use their profits as they saw fit, they were able to increase technology, innovation, and therefore, their overall profit margins, instead of having to use those profits for tax purposes.</span>
Answer:
True
Explanation:
If there is an increase in supply that reduces market price. Consumer surplus increases because both of the following reasons
(1) consumer surplus received by existing buyers increases and
(2) new buyers enter the market.
a. TRUE
