No.4) The government wants to make laptops accessible to everyone .They decided to put a 3-pesos subsidy on the production site and cut consumption tax by 2 pesos (on the equations on question 3c). what is the equilibrium price and quantity after the subsidy and the tax cut graph these shifts using demand curves and supply curves.
No.4) The government wants to make laptops accessible to everyone .They decided to put a 3-pesos subsidy on the production site and cut consumption tax by 2 pesos (on the equations on question 3c). what is the equilibrium price and quantity after the subsidy and the tax cut graph these shifts using demand curves and supply curves.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter3: Demand And Supply
Section: Chapter Questions
Problem 6SCQ: A tariff is a tax on imported goods. Suppose the U.S. government cuts the tariff on imported flat...
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