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The Graph Shown Portrays a Subsidy to Buyers

Question 146

Multiple Choice

  The graph shown portrays a subsidy to buyers. What will result from this subsidy? A)  A higher quantity will be bought a nd sold at a higher price. B)  Customers will be worse off than before the subsidy was placed. C)  Producers will be worse off than before the subsidy was placed. D)  None of these are true. The graph shown portrays a subsidy to buyers. What will result from this subsidy?


A) A higher quantity will be bought a nd sold at a higher price.
B) Customers will be worse off than before the subsidy was placed.
C) Producers will be worse off than before the subsidy was placed.
D) None of these are true.

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