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80 F3 E The Laffer curve illustrates the relationship between supply and demand. O tax rates and tax revenues. opportunity cost and inflation. O

80 F3 E " The Laffer curve illustrates the relationship between supply and demand. O tax rates and tax revenues. opportunity cost and inflation. O tax liability and taxable income. Question 10 When a government subsidy is granted to the buyers of a product, sellers can end up capturi some of the benefit because O the market price of the product will fall in response to the subsidy. the market price of the product will rise in response to the subsidy. $ 4 Q F4 R F % 5 0 F5 T G MacBook Air A 6 F6 Y & 7 H K F7 U * 00 8 J 0.2 DII F8 1

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