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(Solved): Figure: Subsidy Wedge With a \( \$ 4 \) subsidy in the figure, buyers pay and sellers receive \[ \b ...




Figure: Subsidy Wedge With a \( \$ 4 \) subsidy in the figure, buyers pay and sellers receive \[ \begin{array}{l} \$ 5 ; \$ 9
Figure: Subsidy Wedge With a \( \$ 4 \) subsidy in the figure, buyers pay and sellers receive \[ \begin{array}{l} \$ 5 ; \$ 9 \\ \$ 7 ; \$ 3 \\ \$ 9 ; \$ 7 \\ \$ 3 ; \$ 7 \end{array} \]


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Explanation: In case of a subsidy wedge, Price
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