Use the figure below to answer the following question(s).
Figure 4-13

-Refer to Figure 4-13.The supply curve S and the demand curve D₁ indicate initial conditions in the market for flu shots.A new government program is implemented that grants buyers a $25 subsidy when they buy a flu shot,shifting the demand curve from D₁ to D₂.Which of the following is true for this subsidy given the information provided in the exhibit?
A)Buyers of flu shots will receive an actual benefit of $10 from the subsidy,while sellers of flu shots will receive an actual benefit of $15 from the subsidy.
B)Buyers of flu shots will receive an actual benefit of $15 from the subsidy,while sellers of flu shots will receive an actual benefit of $10 from the subsidy.
C)Buyers of flu shots will receive the full $25 benefit from the subsidy.
D)Sellers of flu shots will receive the full $25 benefit from the subsidy.

Question

Use the figure below to answer the following question(s).
Figure 4-13
 
-Refer to Figure 4-13.The supply curve S and the demand curve D₁ indicate initial conditions in the market for flu shots.A new government program is implemented that grants buyers a $25 subsidy when they buy a flu shot,shifting the demand curve from D₁ to D₂.Which of the following is true for this subsidy given the information provided in the exhibit?
A)Buyers of flu shots will receive an actual benefit of $10 from the subsidy,while sellers of flu shots will receive an actual benefit of $15 from the subsidy. 
B)Buyers of flu shots will receive an actual benefit of $15 from the subsidy,while sellers of flu shots will receive an actual benefit of $10 from the subsidy. 
C)Buyers of flu shots will receive the full $25 benefit from the subsidy. 
D)Sellers of flu shots will receive the full $25 benefit from the subsidy.

Quizplus · Accepted Answer

The Answer of Use the figure below to answer the following question(s).
Figure 4-13
 
-Refer to Figure 4-13.The supply curve S and the demand curve D₁ indicate initial conditions in the market for flu shots.A new government program is implemented that grants buyers a $25 subsidy when they buy a flu shot,shifting the demand curve from D₁ to D₂.Which of the following is true for this subsidy given the information provided in the exhibit?
A)Buyers of flu shots will receive an actual benefit of $10 from the subsidy,while sellers of flu shots will receive an actual benefit of $15 from the subsidy. 
B)Buyers of flu shots will receive an actual benefit of $15 from the subsidy,while sellers of flu shots will receive an actual benefit of $10 from the subsidy. 
C)Buyers of flu shots will receive the full $25 benefit from the subsidy. 
D)Sellers of flu shots will receive the full $25 benefit from the subsidy.

Use the Figure Below to Answer the Following Question(s)