Is it possible for sellers to benefit more than consumers from a subsidy to buyers?
A. Yes, if the sellers need it more.
B. Yes, if the supply curve is relatively less elastic than the demand curve.
C. Yes, if the supply curve is relatively more elastic than the demand curve.
D. Producers can never benefit more than buyers from a subsidy to buyers.
C. Yes, if the supply curve is relatively more elastic than the demand curve.
Economics
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