Economics > 2020 > 7
WASSCE
Use Figure 3 below to answer the question that follows.
The curves Do Do and So So are the initial demand and supply curves respectively.What happens when government provides subsidy to producers?
The curves Do Do and So So are the initial demand and supply curves respectively.What happens when government provides subsidy to producers?
A.
The supply curve will shift from SoSo to S2 S2
B.
The supply curve will shift from SoSo to S1S1
C.
The demand curve will shift from DoDo to D1D1
D.
The supply curve will shift from S1S1 to SoSo
Answer: A
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