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Subsidy - Wikipedia
A subsidy or government incentive is a type of government expenditure for individuals and households, as well as businesses with the aim of stabilizing the economy. It ensures that individuals and households are viable by having access to essential goods and services while giving businesses the … See more
Production subsidy
A production subsidy encourages suppliers to increase the output of a particular product by partially offsetting the production costs or … See moreDirect and Indirect
The first important classification of subsidies are direct and indirect subsidies. Subsidies are categorised as direct when it involves actual … See moreCompetitive equilibrium is a state of balance between buyers and suppliers, in which the quantity demanded of a good is the quantity supplied at a specified price. When the price falls … See more
Wikipedia text under CC-BY-SA license Subsidies: Definition, How They Work, Pros and Cons …
WEBFeb 28, 2024 · A subsidy is a direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government or a targeted tax cut. In economic theory, subsidies can be...
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