Refer to Scenario 7-2. Suppose a reduction in input prices shifts the market supply curve to
$$Q^S=P$$ How much total consumer surplus goes to new consumers who enter the market after the supply curve shifts?

Consumer Surplus

The difference between the highest amount a consumer is willing to pay and the actual price paid.

Supply Shift

A change in the quantity of a good that suppliers are willing and able to sell at each price, represented by a shift of the supply curve to the left or right.