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grigory [225]
3 years ago
8

If consumer wealth increases, economists would say that this was a

Advanced Placement (AP)
2 answers:
EleoNora [17]3 years ago
7 0
Positive demand shock that leads to lower prices and enjoyment
Nastasia [14]3 years ago
3 0

positive demand shock that leads to lower prices and employment.

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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>

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