Refer to the graph shown. With an effective price floor at P_f, the effect is an implicit tax on: A) suppliers shown by area C and a subsidy to consumers of that area. B) suppliers shown by area B and a subsidy to consumers of that area. C) consumers shown by area C and a subsidy to suppliers of that area. D) consumers shown by area B and a subsidy to suppliers of that area.

Question

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The Answer of Refer to the graph shown. With an effective price floor at P_f, the effect is an implicit tax on: A) suppliers shown by area C and a subsidy to consumers of that area. B) suppliers shown by area B and a subsidy to consumers of that area. C) consumers shown by area C and a subsidy to suppliers of that area. D) consumers shown by area B and a subsidy to suppliers of that area.

Refer to the Graph Shown