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If the government imposes an excise subsidy of $2 per kringle on the consumption of kringle, then from the perspective of kringle bakers , the
If the government imposes an excisesubsidyof $2 per kringle on theconsumptionof kringle, thenfrom the perspective of kringle bakers, the "effective" orafter-subsidy demandcurve for kringle will shift
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up vertically by exactly $2.
right horizontally by exactly $2.
down vertically by exactly $2.
left horizontally by more than $2.
up vertically by less than $2.
up vertically by more than $2.
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