Engineering, 14.11.2019 06:31 Michaelab

The difference between a tax and a subsidy is that when the government places a tax on a good, it the equilibrium price and the equilibrium quantity, whereas when the government places a subsidy on a good, it the equilibrium price and the equilibrium quantity.

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The difference between a tax and a subsidy is that when the government places a tax on a good, it t...