Question :
141.
The graph shown portrays a subsidy to buyers. The subsidy : 1379047
141.
The graph shown portrays a subsidy to buyers. The subsidy causes:
A. 50 more units to be sold in this market.
B. 150 more units to be sold in this market.
C. 100 fewer units to be sold in this market.
D. 50 fewer units to be sold in this market.
142.
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
143.
The graph shown portrays a subsidy to buyers. The amount of money spent on this subsidy by the government is:
A. $2,400.
B. $3,600.
C. $6,000.
D. $800.
144.Does a subsidy to buyers affect the supply curve?
A. Yes, it shifts supply up by the amount of the subsidy.
B. Yes, it shifts supply to the right by the amount of the subsidy.
C. No, the quantity supplied will increase, but the supply curve does not move.
D. No, the quantity supplied will decrease, but the supply curve does not move.
145.Does a subsidy to sellers affect the demand curve?
A. Yes, it shifts demand up by the amount of the subsidy.
B. Yes, it shifts demand to the right by the amount of the subsidy.
C. No, the quantity demanded will increase, but the demand curve does not move.
D. No, the quantity demanded will decrease, but the demand curve does not move.
146.Does a subsidy to sellers affect the supply curve?
A. Yes, it shifts supply vertically downward by the amount of the subsidy.
B. Yes, it shifts supply to the right by the amount of the subsidy.
C. No, the quantity supplied will increase, but the supply curve does not move.
D. No, the quantity supplied will decrease, but the supply curve does not move.
147.Does a subsidy to buyers affect the demand curve?
A. Yes, it shifts demand up by the amount of the subsidy.
B. Yes, it shifts demand to the right by the amount of the subsidy.
C. No, the quantity demanded will increase, but the demand curve does not move.
D. No, the quantity demanded will decrease, but the demand curve does not move.
148.If the government wants to encourage the consumption of a particular good, they should enact:
A. a subsidy to buyers, since they want to affect consumption of the good.
B. a subsidy to sellers, since they want more to be produced and offered for sale.
C. a subsidy to buyers, since they deserve the benefit more than the producers.
D. a subsidy on either buyers or sellers, since they will both have the same effect on the market.
149.Who actually benefits from a subsidy to sellers?
A. Only consumers benefit from any kind of subsidy.
B. Only sellers benefit, since it is their subsidy.
C. The benefit is shared depending on elasticity of the supply and demand curves.
D. None of these statements is true.
150.Who benefits from a subsidy to buyers?
A. Only sellers benefit from any kind of subsidy.
B. Only consumers benefit, since it is their subsidy.
C. The benefit is shared depending on the elasticity of the supply and demand curves.
D. None of these statements is true.
