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The Canadian central government decides to offer a subsidy for solar panel in the form of a rebate paid to buyers. They determine that the
The Canadian central government decides to offer a subsidy for solar panel in the form of a rebate paid to buyers. They determine that the price elasticity of new solar panel demand is equal to 1.2. Which of the following is likely to be true: Question 14 Select all that apply: a. The sale price of solar panel will increase. cross out b. There will be a shift in supply of solar panels. cross out c. Consumer demand for Fossil fuel electricity will increase. cross out d. Consumers will save money on solar panel. cross out e. Producers will earn more revenue from solar panel sales
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