The More Elastic the Supply of a Product, the More

question 258

Multiple Choice

The more elastic the supply of a product, the more likely that the actual benefit of a subsidy granted of the product will

• A) go to sellers.
• B) go to buyers.
• C) go equally to both buyers and sellers.
• D) do none of the above.

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Definitions:

Disbursements

Money paid out by a company or organization for various purposes, including expenses, investments, and dividends.

Weekly Disbursements

The total amount of cash paid by a business for its operational expenses on a weekly basis.

Miller-Orr Model

A financial model used to manage cash flow and cash reserves, helping firms to decide on the optimal level of cash balances and when to transfer funds.