Consider a perfectly competitive market with inverse market supply P = 5 + 3Qs and inverse market demand P = 50 – 2Qd. Suppose the government…

Consider a perfectly competitive market with inverse market supply P = 5 + 3Qs and inverse market demand P = 50 – 2Qd. Suppose the government subsidizes this market with a subsidy of $5 per unit. What is the equilibrium quantity traded after

a. 7.5

b. 10

c. 9

d. 12.5

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