Question: Supply:Q = 4P - 60 Demand: Q = 300 - 5P The government imposes a $9 subsidy. calculate CS, PS, TS, DWL, GR. Who is
Supply:Q = 4P - 60
Demand: Q = 300 - 5P
The government imposes a $9 subsidy. calculate CS, PS, TS, DWL, GR. Who is worse off because of this subsidy?
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