A subsidy on the production of education to change its equilibrium price and quantity would:

Question

Quizplus · Accepted Answer

A subsidy on the production of education would decrease the cost of production for education providers, which would shift the supply curve to the right. This would lead to a decrease in price and an increase in quantity. Therefore, the correct answer is D, which states that the subsidy would decrease price and increase quantity.

A Subsidy on the Production of Education to Change Its