-Refer to the Above Figure $\mathrm { Q } _ { \mathrm { M } }$

Multiple Choice

-Refer to the above figure.In the absence of a subsidy,

A) Qd would be demanded and $\mathrm { Q } _ { \mathrm { M } }$ would be supplied.
B) the price Pd would be charged and quantity $\mathrm { Q } _ { \mathrm { M } }$ demanded.
C) the quantity Qo and price Po would prevail in the market.
D) None of the above is correct.