consider a competitive markket with linear demand and supply curves. if the subsidy of $1 per unit causes the volume of trade increases by 50 units relative to equilibrium, then the deadweight loss caused by subsidy is equal to

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consider a competitive markket with linear demand and supply curves. if the subsidy of $1 per
unit causes the volume of trade increases by 50 units relative to equilibrium, then the
deadweight loss caused by subsidy is equal to
Transcribed Image Text:consider a competitive markket with linear demand and supply curves. if the subsidy of $1 per unit causes the volume of trade increases by 50 units relative to equilibrium, then the deadweight loss caused by subsidy is equal to
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