Solved

Suppose That a Subsidy Is Provided for the Consumption of Good

Question 42

Multiple Choice

Suppose that a subsidy is provided for the consumption of good ABC,and the subsidy is different for different units of good ABC (e.g.,$10 subsidy on the first unit of good ABC and $7 on the second unit of good ABC,etc.) .The demand curve with such a subsidy will lie to the ______________ of the demand curve without a subsidy,__________ parallel to the demand curve without any subsidy.


A) left; but will not be
B) left; and will be
C) right; and will be
D) right; but will not be

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions