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lolbroek lolbroek
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3 years ago
Currently, when a consumer purchases a "green" automobile, the U.S. government gives the consumer a rebate. When the rebate program expires, we would expect

▸ producer surplus to increase.

▸ consumer surplus to drop.

▸ consumer surplus to remain unchanged, since they pay the price and only get the rebate later.

▸ producers to stop making "green" automobiles.
Textbook 
Managerial Economics and Strategy

Managerial Economics and Strategy


Edition: 3rd
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djaserdjaser
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3 years ago
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