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  • 23-04-2024
  • Mathematics
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7795 The figure below shows the domestic sugar market for a small island country. Price ($/ton) 2500 2000 1500 1000 500 S-World price Domestic price with subsidy 4 8 12 16 20 Quantity (tons/day) If the government provides $500/ton as subsidy, then the cost of subsidy, which must be borne by taxpayers, will be $5,000 $2,000 $6,000 $500​

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