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In Figure 7, what is the effect of the subsidy on the price consumers pay for a box of widgets?

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MCQs on Public Finance, which rests at the intersection of two disciplines: Public Economics and Public Choice.


In Figure 7, what is the effect of the subsidy on the price consumers pay for a box of widgets?<br><img src='https://www.fatskills.com/images2/GradExams/0D063B06-9358-42F4-97E8-5D4928DB79D9.jpg' height='447' width='428'/>






 
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