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Business, 08.10.2020 14:01 AlmightyThadd

What is a subsidy wedge? the combined reduction in consumer surplus and producer surplus that results from a subsidy the amount by which a subsidy reduces the price that buyers pay for a good the amount by which a subsidy increases the price firms receive for their good the difference between the amount of a good that is produced before and after a subsidy is imposed the difference between the price that sellers receive and the price that buyers pay, resulting from a subsidy government cheese the difference between the price that sellers receive and the price that buyers pay, resulting from a commodity tax the difference between the quantity supplied and the quantity demanded that results from a subsidy

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