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Consider the following supply and demand curves: Demand: Price = 50-3.5Qd Supply: Price = 20+.5Qs Suppose now a 20 dollar subsidy was placed on consumers.

Consider the following supply and demand curves: Demand: Price = 50-3.5*Qd Supply: Price = 20+.5*Qs Suppose now a 20 dollar subsidy was placed on consumers. Given this information find the resulting subsidy bill

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