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The figure given below shows the national market for mopeds in a country. Dd and Sd are the domestic demand and supply curves of mopeds respectively. The figure given below shows the marginal external benefit curve (MEB) of the country from the production of domestic mopeds.
If there is initially free trade, and then a $50 per unit subsidy is given to the domestic producers of mopeds, domestic consumption of mopeds would:
Hunger
A physical sensation and physiological need prompting the desire to eat, driven by the body's energy requirements.
Esteem Needs
in Maslow's hierarchy of needs, the fourth level, including self-esteem, confidence, achievement, respect of others, and respect by others.
Safety Needs
According to Maslow's hierarchy, these are the second tier of human needs, including security and protection from physical and emotional harm.
Physiological Needs
Basic elements necessary for human survival and function, such as air, water, food, shelter, and sleep.
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