Question: Consumer tastes shift toward an increased preference for a good at the same time that the government subsidizes production of it . After this, the

Consumer tastes shift toward an increased preference for a good at the same time that the government subsidizes production of it. After this, the equilibrium quantity would ____ and the equilibrium price would ________.
Question 16Select one:
a.
decrease; increase
b.
decrease; decrease
c.
increase; decrease
d.
increase; be indeterminate
e.
decrease; be indeterminate

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