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Gennadij [26K]
3 years ago
7

If anybody wants to help me. Then I will ask this question twice.

Advanced Placement (AP)
1 answer:
suter [353]3 years ago
5 0
Uhm i cant really see you so therefor i couldnt describe you or anything in that sort. if you would like to message me and we could talk then thatd be nice, maybe i can answer then
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Question 7
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If a subsidy of $6.00 per unit is granted to the producers of a product with a perfectly inelastic demand, the effect will be to: option D.

<h3>What is a subsidy?</h3>

A subsidy can be defined as an amount of money that is granted by the government or a public institution, so as to help a business firm (producers) keep the price of a product (commodity) or service low.

In this context, we can infer and logically deduce that the effect of a a subsidy of $6.00 per unit is granted to the producers of a product with a perfectly inelastic demand would lower the price of the product to consumers by $6.00 per unit.

Read more on subsidy here: brainly.com/question/6945210

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