How much would suppliers collectively be willing to pay to have the subsidy enacted? How much would consumers collectively be willing to pay to have this subsidy enacted?

a) Suppliers: Not willing to pay, Consumers: Willing to pay
b) Suppliers: Willing to pay, Consumers: Not willing to pay
c) Both Suppliers and Consumers: Willing to pay
d) Both Suppliers and Consumers: Not willing to pay

Q&A Education