The graph shown portrays a subsidy to buyers.The amount of money spent on this subsidy by the government is:

Name: The graph shown portrays a subsidy to buyers.The amount of money spent on this subsidy by the government is:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The area of the rectangle formed by the subsidy amount ($120) and the quantity subsidized (20) represents the total amount spent on the subsidy. Therefore, the calculation is:

$120 x 20 = $2,400

Hence, the correct answer is B) $2,400.

The Graph Shown Portrays a Subsidy to Buyers