Question: 46) The deadweight loss associated with a subsidy will be smaller: i. the less elastic supply is. ii. the more elastic supply is. iii. the

46) The deadweight loss associated with a subsidy will be smaller: i. the less elastic supply is. ii. the more elastic supply is. iii. the less elastic demand is. iv. the more elastic demand is. a) i and iii. b) ii and iv. c) i and iv. d) ii and

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