Business, 11.11.2019 19:31 strent45

When producers receive a subsidy, sellers receive a:
a. lower price than the pre-subsidy equilibrium, and buyers pay a higher one.
b. lower price than the pre-subsidy equilibrium, and buyers pay a lower one.
c. higher price than the pre-subsidy equilibrium, and buyers pay a higher one.
d. higher price than the pre-subsidy equilibrium, and buyers pay a lower one.

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When producers receive a subsidy, sellers receive a:
a. lower price than the pre-subsidy equ...

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