The Graph Shown Portrays a Subsidy to Buyers

question 108

Multiple Choice

The graph shown portrays a subsidy to buyers. After the subsidy is in place, the post-subsidy price paid by buyers is _______ and the post-subsidy price received by sellers is _______; the difference between these two figures is the amount of _______.

• A)$24; $40; the subsidy
• B)$30; $46; the subsidy
• C)$40; $24; the subsidy
• D)$24; $40; government revenue

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Definitions:

Representative Plaintiff

An individual in a class action lawsuit who represents the interests of the class members and whose experience typifies the grievances of the whole class.

Named Plaintiff

A named plaintiff is an individual who brings a lawsuit or is named in a legal action on behalf of a group in a class action lawsuit, representing the interests of the members of the class.

Lead Plaintiff

A representative party in a class-action lawsuit who has a significant interest in the outcome and leads the litigation process.

Sexual Dichotomism

The belief or ideology that there are only two distinct and opposite genders, male and female, which are determined by biological sex.