In the above figure, if a subsidy is granted to producers that generates an efficient allocation of resources, then producers will receive a total amount (price plus subsidy) equal to

By spreading her investments out over many different assets, an investor achieves

A) a higher expected return. B) increased risk. C) diversification. D) greater liquidity.

If a nonbinding price floor is imposed on a market, then the

a. quantity sold in the market will decrease. b. quantity sold in the market will stay the same. c. price in the market will increase. d. price in the market will decrease.