Question: a ) Let the demand function be p = 5 - 0 . 5 x and the supply function be p = 0 . 2
a Let the demand function be and the supply function be Find the equilibrium price and quantity.
b If a subsidy of Tk per unit is granted to the producer, find the new equilibrium price and quantity.
c Also find the total amount of subsidy granted in this case and the price per unit received with subsidy by the seller.
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