In the above figure,if a Medicare subsidy that had previously been paid by the government has now been eliminated,the result will be
A)an increase in the price received by producers,from to .
B)a decrease in the price received by producers,from to .
C)an increase in the price paid by consumers,from to .
D)a decrease in the price paid by consumers,from to .

Question

In the above figure,if a Medicare subsidy that had previously been paid by the government has now been eliminated,the result will be
A)an increase in the price received by producers,from to . 
B)a decrease in the price received by producers,from to . 
C)an increase in the price paid by consumers,from to . 
D)a decrease in the price paid by consumers,from to .

Quizplus · Accepted Answer

The Answer of In the above figure,if a Medicare subsidy that had previously been paid by the government has now been eliminated,the result will be
A)an increase in the price received by producers,from to . 
B)a decrease in the price received by producers,from to . 
C)an increase in the price paid by consumers,from to . 
D)a decrease in the price paid by consumers,from to .

In the Above Figure,if a Medicare Subsidy That Had Previously