The Graph Shown Portrays a Subsidy to Buyers

question 19

Multiple Choice

The graph shown portrays a subsidy to buyers. Once the subsidy is in place, the buyers pay _____ and the sellers receive ________; the difference is ___________.

• A) $24; $40; the amount of the subsidy
• B) $30; $46; the amount of the subsidy
• C) $40; $24; the amount of the subsidy
• D) $24; $40; the amount of government revenue

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Definitions:

Ketone

An organic compound characterized by a carbonyl group bonded to two other carbon atoms; important in organic chemistry and biology.

Trans-2-Methoxycyclohexanol

A compound featuring a cyclohexane ring with a methoxy group and a hydroxyl group in a trans configuration relative to each other.

Cyclohexanone

A six-membered cyclic ketone, used as a solvent and in the synthesis of nylon and other polymers.

1,2-Halohydrin

A compound containing a halogen and a hydroxyl group on adjacent carbon atoms, typically formed by the halogen addition to alkenes.