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Graph below shows the market for avocados. Price ' per tale (3) E -,- E p'_' 12 24 3E: 48 60 72 34 961103120 Quantity
Graph below shows the market for avocados.
Price ' per tale (3) E -,- E p'_'\\ 12 24 3E: 48 60 72 34 961103120 Quantity (kilos) per day If the government were to give avocado farmers a $2 subsidy per Kilo, what would be the new equilibrium price, quantity, and total amount of the subsidy paid to the growers? Equilibrium price: $|:| Equilibrium quantity: E Total subsidy: $|:[Step by Step Solution
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