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Business, 21.04.2020 20:23 ysabel0420

The government wants to help the mohair sweater industry by giving producers a specific subsidy of $1.20 per mohair sweater. Suppose that the market demand isgiven by: Upper Q Superscript d Baseline equals 1200 minus 22 p and the market supply is: Upper Q Superscript s Baseline equals negative 220 plus 40 p. How much will the subsidy cost taxpayers?

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