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If a Subsidy (Going to Producers)on a Good Is Eliminated

Question 71

Multiple Choice

If a subsidy (going to producers) on a good is eliminated this would


A) move its supply curve to the right.
B) move its supply curve to the left.
C) cause a movement along the supply curve to a (higher price, higher quantity) point.
D) cause a movement along the supply curve to a (lower price, lower quantity) point.

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