Suppose instead of the subsidy,the government imposes a tax on workers of $4 per hour.What is the new equilibrium wage in the steel industry?
A) $8
B) $9
C) $10
D) $13
E) $15
Correct Answer:
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Q7: After the $4 subsidy is imposed,how many
Q8: What is the equilibrium wage?
A) $5
B) $7
C)
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