6. The government provides farmers with a subsidy if they grow corn. What will happen to the supply of corn?

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asked Jun 26, 2022 206k views

2 Answers

Omer Bach · Answer 1 · 2022-07-02T04:57:36+0000

Answer:

Corn farmers will grow less corn and more green beans. Corn farmers will continue to grow the same amount of corn because they will make more money from the subsidy Corn farmers will reduce their supply of corn.

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6. The government provides farmers with a subsidy if they grow corn. What will happen to the supply of corn?

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