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True or false, In a competitive market with regular downward-sloping demand and upward-sloping supply, the imposition of a per-unit subsidy will always increase producer surplus.
True or false, "In a competitive market with regular downward-sloping demand and upward-sloping supply, the imposition of a per-unit subsidy will always increase producer surplus."
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Basic Econometrics
Authors: Damodar N. Gujrati, Dawn C. Porter
5th edition
73375772, 73375779, 978-0073375779
