Suppose That the Government Provides a Subsidy for the Consumption

Multiple Choice

Suppose that the government provides a subsidy for the consumption of higher education.The equilibrium price of higher education will be ___________ with the subsidy than without because the demand curve with the subsidy will lie to the ______________ of the demand curve without the subsidy.

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