1. If the demand for food is very price-inelastic, will there be a bigger or smaller redistribution...
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1. If the demand for food is very price-inelastic, will there be a bigger or smaller redistribution from rich to poor with system of subsidies? (Imagine swinging the D curve in Figure 1 so that it becomes steeper.)
2. Is there any redistribution from rich to poor in Figure 3.13 in the textbook?
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