3) The cost of the subsidy exceeds the benefit by the area: A) Po JA B) JLK C) JMKL D) Po J M Po-SPo

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter2: Economics: Eight Powerful Ideas
Section: Chapter Questions
Problem 16P
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Question
PA
Po
Po-SPo
O'
M
Qo
Qs
DI
Transcribed Image Text:PA Po Po-SPo O' M Qo Qs DI
3) The cost of the subsidy exceeds the benefit by the area:
A) Po JA
B) JLK
C) JMKL
D) Po J M Po-SPo
Transcribed Image Text:3) The cost of the subsidy exceeds the benefit by the area: A) Po JA B) JLK C) JMKL D) Po J M Po-SPo
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