Suppose That the Government Provides a Subsidy for the Consumption

question 40

Multiple Choice

Suppose that the government provides a subsidy for the consumption of higher education.The equilibrium price of higher education will be ___________ with the subsidy than without because the demand curve with the subsidy will lie to the ______________ of the demand curve without the subsidy.

• A) lower; left
• B) lower; right
• C) higher; right
• D) higher; left

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Definitions:

Item Events

Events that are fired in response to interaction with items in a GUI, such as selections or changes in state.

Graphics Object

In programming, an object that encapsulates methods for drawing shapes, text, and images to a display device or off-screen image.

drawOval

A method in the Java graphics class used to draw an oval shape based on specified dimensions and coordinates.

fillRect

In computer graphics, the "fillRect" method is used to draw and fill a rectangle with a specific color or pattern in a graphical user interface.