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-Refer to the Above Figure

Question 172

Multiple Choice

-Refer to the above figure. In the absence of a subsidy, A) Qd would be demanded and QM would be supplied. B) the price Pd would be charged and quantity QM demanded. C) the quantity Qo and price Po would prevail in the market. D) None of the above is correct.
-Refer to the above figure. In the absence of a subsidy,


A) Qd would be demanded and QM would be supplied.
B) the price Pd would be charged and quantity QM demanded.
C) the quantity Qo and price Po would prevail in the market.
D) None of the above is correct.

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