fishomelette
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How would the supply and demand graph look like with a non uniform subsidy where, for example, like medical fees, people with less income get more subsidies than those with more income? Also, which area of the graph would represent the total amount of money used to subsidies? Would the attached image be correct? Thanks for any help in advance!
Last edited by fishomelette; 5 days ago
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Xxmyaxx
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I’m sorry i’m not too sure but doesnt a subsidy shift the supply curve to the right?
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