The Graph Shown Shows a Subsidy to Buyers

question 19

Multiple Choice

The graph shown shows a subsidy to buyers.Before the subsidy is put in place,the buyers bought _____ units and paid _____ for each of them.

• A) 100; $46
• B) 100; $30
• C) 150; $40
• D) 150; $24

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Definitions:

Probability

Measurement of a degree of uncertainty, expressed as a number between 0 and 1.

Framing

The way information is presented or structured, which can influence perception and decision-making.

Losses

The negative outcomes or reductions experienced in various contexts, such as finance, personal well-being, or competitions.

Gains

Increases or improvements, often referenced in contexts such as productivity, knowledge, or physical attributes.