Which of the diagrams illustrates the effect of a government

Which of the diagrams illustrates the effect of a governmental subsidy on the market for AIDS research? A only. B only. C only. D only.

Solution

When government provides subsidy to AIDS research, it reduces the cost of production for aids research market, as a result it\'s supply increases. So option (c) c only is correct.

 Which of the diagrams illustrates the effect of a governmental subsidy on the market for AIDS research? A only. B only. C only. D only.SolutionWhen government

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