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Use the Following to Answer Questions

Question 46

Multiple Choice

Use the following to answer questions:
Figure: Demand and Supply with Subsidy Use the following to answer questions: Figure: Demand and Supply with Subsidy -(Figure: Supply and Demand with Subsidy) Refer to the figure. What is the total cost of the subsidy for taxpayers? A) $400 B) $800 C) $3,200 D) $2,400
-(Figure: Supply and Demand with Subsidy) Refer to the figure. What is the total cost of the subsidy for taxpayers?


A) $400
B) $800
C) $3,200
D) $2,400

Correct Answer:

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