Question: Explain diagrammatically why a good whose consumption is subsidized is likely to sell for a higher price than a good whose consumption is not subsidized.

Explain diagrammatically why a good whose consumption is subsidized is likely to sell for a higher price than a good whose consumption is not subsidized.

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Explain diagrammatically why a good whose consumption is subsidized is likely to sell for a higher price than a good whose consumption is not subsidized.

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