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Scenario 2: The demand for books is = 200 The supply of books is = 4 The government introduces a $10 subsidy on each book

Scenario 2: The demand for books is = 200 The supply of books is = 4 The government introduces a $10 subsidy on each book sold.

19) Use Scenario 2: What price do buyers pay for each book?

20) Use Scenario 2: Compute the change in consumer surplus?

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