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8. The market demand curve for u vaccine is Qdm 500 2? and market supply curve Qs=13P 250 i) What is the equilibrium price and

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8. The market demand curve for u vaccine is Qdm 500 2? and market supply curve Qs=13P 250 i) What is the equilibrium price and quantity? ii) If the govenunent decides to subsidize vaccine producers such that they receive a price of $55, how much do consumers pay per unit? _ iii) How much does the government pay as subsidy per unit? iv) What is the quantity supplied after the subsidy

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