Figure: Supply and Demand with Subsidy Reference: Ref 6-9

question 93

Multiple Choice

Figure: Supply and Demand with Subsidy Reference: Ref 6-9 (Figure: Supply and Demand with Subsidy) Refer to the figure. The deadweight loss from a $2 subsidy is:

• A) $100.
• B) $800.
• C) $50.
• D) $400.

---

Definitions:

Correct Course

The action or path that is deemed most appropriate or ethical in a given situation.

Perfect Virtue

An ideal state of moral excellence and righteousness that an individual strives to achieve.

Virtuous Life

Living in a way that is morally excellent, adhering to ethical principles and displaying admirable character qualities.

Material Success

Achievements or prosperity largely measured by the accumulation of wealth, possessions, and physical assets.