Double taxation refers to the negative feature of

Supply is elastic whenever the value of the elasticity of supply is positive and greater than 1

Indicate whether the statement is true or false

Government payment of a per-unit subsidy for medical care causes the out-of-pocket price that consumers pay for care to be

A) less than the price that producers receive for providing care. B) greater than the price that producers receive for providing care. C) greater than the market clearing price without the subsidy. D) equal to zero.