1709EconomicsMedium
To aid its calculator producers, suppose that the government provides them a subsidy of $10 for each calculator produced The amount of imports now equals ________ and the deadweight loss of the subsidy to the Canadian economy equals ________?
A20 calculator, $50
B25 calculator, $100
C25 calculator, $50
D20 calculator, $100
Correct answer
A. 20 calculator, $50
Explanation
The correct answer is 20 calculator, $50.