Economics (AS & A Level) · May / June 2021 · Paper 13 · Question 16

The diagram represents the original demand curve D1 and the original supply curve S1 for electric cars. The government decides to provide a subsidy to electric car manufacturers. Which area represents the total revenue of the car manufacturer after receiving the subsidy from the government?

1. AOERY
2. BOFMX
3. COGNY
4. DOHTX

As printed in the paper