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Let D = Demand,S = Supply,P = Equilibrium Price,Q =

Question 115

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Let D = demand,S = supply,P = equilibrium price,Q = equilibrium quantity.What happens in the market for solar panels if the government offers tax breaks to encourage manufacturers to produce more solar panels?


A) D increases,S no change,P and Q increase.
B) S increases,D no change,P decreases,Q increases.
C) D and S increase,P and Q decrease.
D) D no change,S increases,P decreases,Q decreases.

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