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Paper 3 question on subsidy and taxes (HL only)

This page contains one paper three type questions on microeconomics, written according to the new syllabus. An answer sheet is included on the page. Allow 50 minutes for this exercise.This question is worth [30 marks]. This paper is based on the new syllabus and contains a policy response question.(1) The following table shows the level of quantity supplied and demanded for a product. Price $

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