A Per-Unit Government Subsidy to Producers of a Good Tends

question 328

Multiple Choice

A per-unit government subsidy to producers of a good tends to

• A)reduce the supply of the good.
• B)increase the supply of the good.
• C)shift the supply curve to the left.
• D)not have any effect on the good's supply.

---

Definitions:

Personal Space

The physical distance individuals prefer to maintain between themselves and others to feel comfortable and secure.

Missing Information Trap

A decision-making pitfall where individuals overlook crucial data, often because they are focusing too narrowly on available information.

Drinking Water

Water that is safe and suitable for human consumption.

Storage Tank

A large container used for storing liquids, gases, or other substances.