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Question 4 (1 point) Subsidies cause distortions, reduce efficiency, and create a deadwight loss in properly functioning compeitive markets. have no effect on aggregate surplus.

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Question 4 (1 point) Subsidies cause distortions, reduce efficiency, and create a deadwight loss in properly functioning compeitive markets. have no effect on aggregate surplus. always increase aggregate surplus, because they benefit both producers and consumers. are only introduced by governments for markets with market failure

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