Multiple Choice
Suppose a $5 subsidy to buyers is imposed on the market in the graph shown. After the subsidy is in place, the post-subsidy price paid by buyers is _______ and the post-subsidy price received by sellers is _______.
A) $6; $11
B) $13; $8
C) $11; $6
D) $3; $8
Correct Answer:
Verified
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