Time left 0:37:16 15 Person A's preference is characterized by U(x, y). He is entitled for social assistance of $G from the Government. He can choose to be paid on a lump-sum basis or a subsidy of s% on his spending of good x. Assume that these two options provide him with the same ed dollar value regardless of what he chooses. Analyze by using a diagram. d out of () Which one would he choose? (12 points) ag question (i1) What if the subsidy rate of s percent applies to both goods x and y? (8 points) 1 A B E E PA U S X z x2