24 22 Supply 20 Demand 18 16 Supply 14 12 10 Demand 6 QUANTITY (Millions of units of clothes per year) 12 18 24 30 36 42 48 54 60 After the subsidy, the price producers receive is , and the price paid by consumers is This subsidy program costs Canada's government PRICE(Dollars per a unit of dothes)

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter4: Demand And Supply: Applications And Extensions
Section: Chapter Questions
Problem 15CQ
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i need help with this question 12 from my microeconmics assigments. i have already gotten it wrong twice.

24
22
Supply
20
Demand
18
16
Supply
14
12
10
Demand
6
QUANTITY (Millions of units of clothes per year)
12
18
24
30
36
42
48
54
60
After the subsidy, the price producers receive is , and the price paid by consumers is
This subsidy program costs Canada's
government
PRICE(Dollars per a unit of dothes)
Transcribed Image Text:24 22 Supply 20 Demand 18 16 Supply 14 12 10 Demand 6 QUANTITY (Millions of units of clothes per year) 12 18 24 30 36 42 48 54 60 After the subsidy, the price producers receive is , and the price paid by consumers is This subsidy program costs Canada's government PRICE(Dollars per a unit of dothes)
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