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Exhibit 39-1 -Refer to Exhibit 39-1.At a Support Price of PT,private Sector

Question 53

Multiple Choice

Exhibit 39-1
Exhibit 39-1 -Refer to Exhibit 39-1.At a support price of P<sub>T</sub>,private sector spending on this good equals A) P<sub>T</sub> x Q<sub>3</sub>. B) P<sub>T</sub> x Q<sub>2</sub>. C) P<sub>1</sub> x Q<sub>3</sub>. D) P<sub>1</sub> x Q<sub>2</sub>.
-Refer to Exhibit 39-1.At a support price of PT,private sector spending on this good equals


A) PT x Q3.
B) PT x Q2.
C) P1 x Q3.
D) P1 x Q2.

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