The graph shown portrays a subsidy to buyers. After the subsidy is in place, the post-subsidy price paid by buyers is_ post-subsidy price received by sellers is the difference between these two figures is the amount of P 46 40 30 24 E₁ E2 S -D2 and the

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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The graph shown portrays a subsidy to buyers. After the subsidy is in place, the post-subsidy price paid by buyers is
post-subsidy price received by sellers is _________ the difference between these two figures is the amount of_
P
46
40
30
24
A $30; $46; the subsidy
(B) $24; $40; government revenue
C$24; $40; the subsidy
(D) $40; $24; the subsidy
E₁
100
E2
150
S
-D2
D.
and the
Transcribed Image Text:The graph shown portrays a subsidy to buyers. After the subsidy is in place, the post-subsidy price paid by buyers is post-subsidy price received by sellers is _________ the difference between these two figures is the amount of_ P 46 40 30 24 A $30; $46; the subsidy (B) $24; $40; government revenue C$24; $40; the subsidy (D) $40; $24; the subsidy E₁ 100 E2 150 S -D2 D. and the
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