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-Refer to the Above Figure

Question 160

Multiple Choice

-Refer to the above figure. In the absence of a subsidy, A) Qd would be demanded and would be supplied. B) the price P<sub>d</sub> would be charged and quantity demanded. C) the quantity Q<sub>o</sub> and price P<sub>o</sub> would prevail in the market. D) None of the above is correct.
-Refer to the above figure. In the absence of a subsidy,


A) Qd would be demanded and -Refer to the above figure. In the absence of a subsidy, A) Qd would be demanded and would be supplied. B) the price P<sub>d</sub> would be charged and quantity demanded. C) the quantity Q<sub>o</sub> and price P<sub>o</sub> would prevail in the market. D) None of the above is correct. would be supplied.
B) the price Pd would be charged and quantity -Refer to the above figure. In the absence of a subsidy, A) Qd would be demanded and would be supplied. B) the price P<sub>d</sub> would be charged and quantity demanded. C) the quantity Q<sub>o</sub> and price P<sub>o</sub> would prevail in the market. D) None of the above is correct. demanded.
C) the quantity Qo and price Po would prevail in the market.
D) None of the above is correct.

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