In the Supply and Demand Model, a Subsidy Granted to Sellers

question 252

Multiple Choice

In the supply and demand model, a subsidy granted to sellers is illustrated by

• A) a downward shift in the demand curve, by the per unit amount of the subsidy.
• B) an upward shift in the demand curve, by the per unit amount of the subsidy.
• C) a downward shift in the supply curve, by the per unit amount of the subsidy.
• D) an upward shift in the supply curve, by the per unit amount of the subsidy.

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Definitions:

Personality

A complex pattern of characteristics, traits, and behaviors that distinguishes one individual from another and affects how they interact with the world.

Behavior

The actions or reactions of an object or organism, often in relation to its environment.

Anterior Cingulate

The front part of the cingulate, a brain structure that runs from the front to the back of the brain in the middle, just above the corpus callosum. The anterior cingulate is believed to be important for the experience of normal emotion and self-control.

Discrepancy

A difference or inconsistency between two or more elements, such as expectations versus reality.