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A subsidy paid to the sellers of coffee will: a.Reduce the equilibrium price of coffee and reduce the equilibrium quantity b.Reduce the equilibrium price of

A subsidy paid to the sellers of coffee will:

a.Reduce the equilibrium price of coffee and reduce the equilibrium quantity

b.Reduce the equilibrium price of coffee and increase the equilibrium quantity

c.Increase the equilibrium price of coffee and reduce the equilibrium quantity

d.Increase the equilibrium price of coffee and increase the equilibrium quantity

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