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Business, 10.07.2019 20:30 meganenaranjo

The demand and supply of ethanol are given by qd = 8,000 – 2,000p and qs = 1,000p – 1,000, where p is price per gallon and q measures gallons per minute. if the government subsidizes ethanol at $0.30 per gallon, what is the deadweight loss?

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The demand and supply of ethanol are given by qd = 8,000 – 2,000p and qs = 1,000p – 1,000, where p i...

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