A government's decision to subsidize the production of insulin for people with diabetes would mostly benefit the:
A) producers of insulin.
B) consumers of insulin.
C) both consumers and producers equally.
D) neither consumers nor producers.

Question

Quizplus · Accepted Answer

Subsidization of insulin production would result in lower costs of production for producers, which would trickle down to lower prices for consumers of insulin. Therefore, the consumers would benefit the most from the subsidy.

A Government's Decision to Subsidize the Production of Insulin for People