Subsidy programs are likely to have a number of secondary effects in addition to the direct effect
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a. Housing prices
b. Technological change in the dairy industry
c. The price of dairy product substitutes
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a Housing prices as well as any other nonfarm uses of land can be expected to increase when ...View the full answer
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Related Book For 
Microeconomics A Contemporary Introduction
ISBN: 978-1111415921
9th edition
Authors: William A. McEachern
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