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Concept Question 5.1 The government wants to help the mohair sweater industry by giving producers a specific subsidy of $1.10 per mohair sweater. Suppose that the market demand isgiven by: ad 1100 -20p and the market supply is: QS230+40p. How much will the subsidy cost taxpayers? The cost to taxpayers is $ 738.32 (Round your answer to the nearest penny.)

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Answer #1

J ジ 1100-20p--230+ yop-/.lo 1100-20 p =-2Fytyop 22,9 os. c3= 1100-20(23) 100-460

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