The federal government is considering providing a per-student subsidy to private schools in the country. What is the anticipated effect of the subsidy on the supply of private education?(1 point)

Question

Responses

a The demand for private education will increase.

b At any given price, the quantity supplied of private education will increase.

c The supply of private education will decrease.

d At any given price, the quantity supplied of private education will decrease

Answer 1

b At any given price, the quantity supplied of private education will increase.