How are suppliers likely to respond

Reference no: EM13191187

The government decides that eating ice cream is a socially desirable activity and passes a law giving consumers 50 cents for each ice cream cone they eat. What is likely to happen in the marketplace once this policy is in effect? What are consumers likely to do? How are suppliers likely to respond?

Reference no: EM13191187

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How are suppliers likely to respond : The government decides that eating ice cream is a socially desirable activity and passes a law giving consumers 50 cents for each ice cream cone they eat. What is likely to happen in the marketplace once this policy is in effect What are consumers..

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