Difference in the effects on the national well-being

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Reference no: EM131094514

What will be the DIFFERENCE in the effects on the national well-being if, instead of imposing a tariff of $50 per unit, the government provides a subsidy of $50 per unit to the domestic manufacturers of mopeds? Note: this is the change in national well-being from the subsidy minus the change in national well-being from the tariff.

Reference no: EM131094514

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