Suppose That the Government Provides a Subsidy for the Consumption

Multiple Choice

Suppose that the government provides a subsidy for the consumption of good X.The demand curve with the subsidy will lie to the ______________ of the demand curve without the subsidy,and the equilibrium price of good X will be __________ with the subsidy than without.

A) left;lower
B) left; higher
C) right; higher
D) right;lower