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In: Economics

you are a cuban president and people are protestion due to high taco prices. to aboud...

you are a cuban president and people are protestion due to high taco prices. to aboud ending up impeached , yoh set a $1 subsidy to producers of the tacos . your economics consult reports supply ad p=2+2Q and thr demand is Q=10-2p

-do you trust the report? why?
-what is the dwl of your policy(subsidy)?
-why such a loss is created by your policy?
-will you add a price ceilinf of $2.5 on yop or current policy(subsidy) to alleviate the situation? why?

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Expert Solution

Not enough information to answer Q1. Leave a comment below to clear any additional doubt ~

Rahul Sunny answered 2 years ago
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