The Figure Below Shows the Demand and Supply Curves in the Market

question 90

Multiple Choice

The figure below shows the demand and supply curves in the market for elementary education. Figure 13.1
In the figure,
D: Private demand curve for elementary education
D + s: Demand curve which includes public benefits
S: Supply curve of education
Price and Quantity have been taken on vertical and horizontal axes respectively.
In Figure 13.1, D represents the private demand for education, and D+s represents the demand including the public benefits of education.According to the figure, the optimal subsidy is equal to:

• A)0Q_s -0Q_p.
• B)0P_s - 0P_p.
• C)Q_pa - Q_pc.
• D)Q_sb - Q_sd.
• E)the distance bc.

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