3.19 What is the effect on the short-run equilibrium of a specific subsidy of s per unit...

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3.19 What is the effect on the short-run equilibrium of a specific subsidy of s per unit that is given to all n firms in a market? What is the incidence of the subsidy? (Hint: See Solved Problem 8.4.)

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Microeconomics

ISBN: 9780133456912

7th Edition

Authors: Jeffrey M. Perloff

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