Figure 4.5
-Figure 4.5 illustrates the supply of guitars.If the government offered a subsidy to guitar manufacturers for each guitar they produce,this would most likely cause a movement from

Question

Quizplus · Accepted Answer

A subsidy to guitar manufacturers would increase the supply of guitars, shifting the supply curve to the right, from S₁ to S₂.

Figure 4.5 -Figure 4.5 Illustrates the Supply of Guitars.If the Government Offered