Multiple Choice
Reference: Ref 6-9 (Figure: Supply and Demand with Subsidy) Refer to the figure. With a $2-per-unit subsidy, the price received by sellers is ________ and the price paid by consumers is ________.
A) $3; $2
B) $2; $4
C) $4; $2
D) $3; $4
Correct Answer:
Verified
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A) similar to a reverse