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(Solved): Tax and subsidy policy. a. Illustrate on a supply and demand graph a specific tax of size placed ...



Tax and subsidy policy.

a. Illustrate on a supply and demand graph a specific tax of size ? placed on consumers.

 

 

 

 

 

 

 

 

 

 

 

 

b. Illustrate on a supply and demand graph the impact of an ad valorem tax rate ? placed on consumers.

 

 

 

 

 

 

 

 

 

 

 

 

 

c. Illustrate on a supply and demand graph the impact of a subsidy of size s given to producers.

 



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