No.4) The government wants to make laptops accessible to everyone .They decided to put a 3-pesos subsidy on the production site and cut consumption tax by 2 pesos (on the equations on question 3c). what is the equilibrium price and quantity after the subsidy and the tax cut graph these shifts using demand curves and supply curves.

No.4) The government wants to make laptops accessible to everyone .They decided to put a 3-pesos subsidy on the production site and cut consumption tax by 2 pesos (on the equations on question 3c). what is the equilibrium price and quantity after the subsidy and the tax cut graph these shifts using demand curves and supply curves.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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