Multiple Choice
In the supply and demand model, a subsidy granted to sellers is illustrated by
A) a downward shift in the demand curve, by the per unit amount of the subsidy.
B) an upward shift in the demand curve, by the per unit amount of the subsidy.
C) a downward shift in the supply curve, by the per unit amount of the subsidy.
D) an upward shift in the supply curve, by the per unit amount of the subsidy.
Correct Answer:

Verified
Correct Answer:
Verified
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