-With a price support program, who receives a subsidy?
A) The government
B) Only producers
C) Only consumers
D) Importers
E) Both consumers and producers receive a subsidy.

Question

-With a price support program, who receives a subsidy?
A) The government 
B) Only producers 
C) Only consumers 
D) Importers 
E) Both consumers and producers receive a subsidy.

Quizplus · Accepted Answer

In a price support program, the government sets a minimum price for a product and pays the difference to producers if the market price falls below this level, effectively subsidizing the producers.

-With a Price Support Program, Who Receives a Subsidy