Advanced Placement (AP), 07.03.2021 20:10, GOOBER3838

Consumer tastes shift toward an increased preference for a good at the same time that the government subsidizes production of it. After this, the equilibrium quantity would and the equilibrium price would . decrease; increase
decrease; decrease
increase; decrease
increase; be indeterminate
decrease; be indeterminate

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Consumer tastes shift toward an increased preference for a good at the same time that the government...