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Figure: Two Demand Curves in This Figure, the Benefits

Question 17

Multiple Choice

Figure: Two Demand Curves Figure: Two Demand Curves In this figure, the benefits of a subsidy will be greater for sellers facing demand curve ______, the ______ demand. A) D<sub>2</sub>; more elastic B) D<sub>2</sub>; least elastic C) D<sub>1</sub>; more elastic D) D<sub>1</sub>; least elastic In this figure, the benefits of a subsidy will be greater for sellers facing demand curve ______, the ______ demand.


A) D2; more elastic
B) D2; least elastic
C) D1; more elastic
D) D1; least elastic

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