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Figure: Demand and Supply with Subsidy Reference: Ref 6-10

question 91

Multiple Choice

Figure: Demand and Supply with Subsidy Figure: Demand and Supply with Subsidy   Reference: Ref 6-10 (Figure: Supply and Demand with Subsidy)  Refer to the figure. Suppose a subsidy allows sellers to receive their product at the price of $8 with a quantity of 400 units. What is the dollar amount of the subsidy per unit of the good? A)  $1 B)  $6 C)  $2 D)  $100 Reference: Ref 6-10 (Figure: Supply and Demand with Subsidy) Refer to the figure. Suppose a subsidy allows sellers to receive their product at the price of $8 with a quantity of 400 units. What is the dollar amount of the subsidy per unit of the good?

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