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The supply and demand for solar panels are given by QS = 5P - 5,000 and QD = 15,000 - 5P, where P is price per solar panel and Q measures the quantity of solar panels. Suppose the government provides a $500 subsidy per solar panel. Before the subsidy, producers receive ____ and after the subsidy, producers receive ____.
Barrier
An obstacle that prevents movement or access or the achievement of a goal.
Less Developed Countries
Countries characterized by low levels of income, industrialization, and modernization, and often marked by high rates of poverty and economic vulnerability.
Stratified
Divided or classified into different levels, classes, or groups, often based on certain criteria or characteristics.
Prosperous
Describes a state of being successful, usually financially, characterized by growth, wealth, and good fortune.
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