Multiple Choice
If a $50 subsidy is legally (statutorily) granted to the sellers of weed eaters and as a result the price of weed eaters to consumers falls by $30, the actual benefit of the subsidy
A) goes completely to buyers of weed eaters.
B) goes completely to sellers of weed eaters.
C) is $30 to buyers and $20 to sellers.
D) is $20 to buyers and $30 to sellers.
Correct Answer:
Verified
Correct Answer:
Verified
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