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Calculate Subsidies if it is given that:- GNP at FC = $38,000 GNP at MP = $16,000 Indirect taxes = $5000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Calculate Subsidies if it is given that:-

GNP at FC = $38,000

GNP at MP = $16,000

Indirect taxes = $5000

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