[Solved] Figure 99 Shows the Demand and Supply of a Product in in a Competitive

Question 84
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Figure 9.9 shows the demand and supply of a product in a competitive market.
-Refer to Figure 9.9 to answer the question.Suppose this graph represents a polluting industry and that the government wishes to decrease its output by 10 units.Which of the following will produce this result?

A)Imposing an excise tax of $2.
B)Imposing an excise tax of $1.
C)Granting a subsidy of $2 to producers.
D)Granting a subsidy of $1 to producers.
E)Granting a subsidy of $2 to consumers.


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