Question: Need help with this qs. While a tax. tends to create the deadweight loss, a subsidy always results in a higher economic surplus. Hence the

Need help with this qs.

$Need help with this qs. \"While a tax. tends to create the$

\"While a tax. tends to create the deadweight loss, a subsidy always results in a higher economic surplus. Hence the government should avoid imposing taxes and should always provide a subsidy in the market". Do you agree?r Illustrate with suitable market diagrams

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