onomists in Champaign have been studying the local market for pizza. The market is described in the graph below:     Some research by the local university shows that eating pizza improves health in several ways. The local government decides to subsidize pizza consumption paying for $2 of every pizza sold(essentially a negative tax of $2).  How much will the government spend with this subsidy?

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Economists in Champaign have been studying the local market for pizza. The market is described in the graph below:

 

 

Some research by the local university shows that eating pizza improves health in several ways. The local government decides to subsidize pizza consumption paying for $2 of every pizza sold(essentially a negative tax of $2).  How much will the government spend with this subsidy?

Market for Pizza
10
9.
8
7
4
30
47
58
69
80
Demand
Supply
Transcribed Image Text:Market for Pizza 10 9. 8 7 4 30 47 58 69 80 Demand Supply
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