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1. (4 points) The marginal cost of producing a ham sandwich is always $4 for all producers, no matter what. The government provides a subsidy

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1. (4 points) The marginal cost of producing a ham sandwich is always $4 for all producers, no matter what. The government provides a subsidy of $1 per sandwich to producers. T/F/U: Consumers will receive the entire economic incidence of the subsidy

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