Multiple Choice

-Refer to the information above to answer this question.What will be the equilibrium price and quantity if a $2 per unit subsidy is granted on this product?
A) $11 and 40.
B) $10 and 90.
C) $9 and 80.
D) $9 and 70.
E) $7 and 40.
Correct Answer:
Verified
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