Use the Figure Below to Answer the Following Question(s)

question 289

Multiple Choice

Use the figure below to answer the following question(s) .
Figure 4-13

-Refer to Figure 4-13.The supply curve S and the demand curve D₁ indicate initial conditions in the market for flu shots.A new government program is implemented that grants buyers a $25 subsidy when they buy a flu shot,shifting the demand curve from D₁ to D₂.Which of the following is true for this subsidy given the information provided in the exhibit?

• A)Buyers of flu shots will receive an actual benefit of $10 from the subsidy,while sellers of flu shots will receive an actual benefit of $15 from the subsidy.
• B)Buyers of flu shots will receive an actual benefit of $15 from the subsidy,while sellers of flu shots will receive an actual benefit of $10 from the subsidy.
• C)Buyers of flu shots will receive the full $25 benefit from the subsidy.
• D)Sellers of flu shots will receive the full $25 benefit from the subsidy.

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Definitions:

Family Study

A study that compares members of the same family to determine how similar they are on a given trait.

Cousins

Relatives who share a common ancestor other than a parent; typically, the children of one's aunt or uncle.

Specific Trait

A distinct characteristic or quality that can be attributed to an individual organism, often used in genetics and psychology.

Genetic Mutations

Changes or alterations in the DNA sequence of an organism that can lead to variations in physical appearance, function, or health.